Schwab US Broad Market ETF $SCHB Stock Sold by Luminvest Wealth Management LLC

Luminvest Wealth Management LLC decreased its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 27.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 85,137 shares of the company’s stock after selling 32,940 shares during the period. Schwab US Broad Market ETF accounts for about 0.7% of Luminvest Wealth Management LLC’s investment portfolio, making the stock its 15th largest holding. Luminvest Wealth Management LLC’s holdings in Schwab US Broad Market ETF were worth $2,495,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. NWK Group Inc. grew its position in Schwab US Broad Market ETF by 23.0% in the first quarter. NWK Group Inc. now owns 1,897 shares of the company’s stock worth $48,000 after buying an additional 355 shares during the last quarter. Greenleaf Trust raised its holdings in shares of Schwab US Broad Market ETF by 0.9% during the second quarter. Greenleaf Trust now owns 40,725 shares of the company’s stock valued at $1,179,000 after acquiring an additional 375 shares during the period. NerdWallet Wealth Partners LLC lifted its position in shares of Schwab US Broad Market ETF by 4.5% in the 1st quarter. NerdWallet Wealth Partners LLC now owns 9,017 shares of the company’s stock valued at $226,000 after acquiring an additional 385 shares in the last quarter. Wealthgarden F.S. LLC raised its stake in Schwab US Broad Market ETF by 1.2% during the 1st quarter. Wealthgarden F.S. LLC now owns 34,107 shares of the company’s stock valued at $856,000 after purchasing an additional 395 shares during the period. Finally, Vigilare Wealth Management lifted its holdings in shares of Schwab US Broad Market ETF by 3.9% in the second quarter. Vigilare Wealth Management now owns 11,130 shares of the company’s stock valued at $322,000 after purchasing an additional 414 shares in the last quarter.

Schwab US Broad Market ETF Stock Down 1.2%

Shares of SCHB traded down $0.35 during mid-day trading on Wednesday, reaching $29.50. The company’s stock had a trading volume of 15,536,650 shares, compared to its average volume of 9,133,006. The company has a market cap of $44.76 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. The business has a fifty day moving average of $29.64 and a 200 day moving average of $28.64. Schwab US Broad Market ETF has a 1 year low of $24.28 and a 1 year high of $30.15.

Schwab US Broad Market ETF Company Profile

Schwab U.S. Broad Market ETF (the Fund) seeks to track the total return of the Dow Jones U.S. Small-Cap Total Stock Market Index (the Index). The Index is a float-adjusted market capitalization weighted index that reflects the shares of securities actually available to investors in the marketplace. The Fund’s index includes the 2,500 publicly traded United States companies for, which pricing information is available. The types of derivatives used by the Fund are options, futures, options on futures and swaps.