Sequoia Financial Advisors LLC Has $11.02 Million Stock Position in Schwab US Broad Market ETF $SCHB

Sequoia Financial Advisors LLC trimmed its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 6.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 439,073 shares of the company’s stock after selling 30,066 shares during the period. Sequoia Financial Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $11,021,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Rebalance LLC increased its stake in Schwab US Broad Market ETF by 3.3% during the fourth quarter. Rebalance LLC now owns 14,963,211 shares of the company’s stock valued at $392,485,000 after acquiring an additional 483,144 shares during the period. HighTower Advisors LLC lifted its position in shares of Schwab US Broad Market ETF by 11.0% in the 4th quarter. HighTower Advisors LLC now owns 8,631,797 shares of the company’s stock worth $226,412,000 after acquiring an additional 854,800 shares during the period. Hanson & Doremus Investment Management grew its holdings in shares of Schwab US Broad Market ETF by 0.5% during the 1st quarter. Hanson & Doremus Investment Management now owns 7,041,153 shares of the company’s stock worth $176,733,000 after purchasing an additional 33,281 shares in the last quarter. Evergreen Advisors LLC acquired a new stake in shares of Schwab US Broad Market ETF during the 4th quarter worth approximately $161,772,000. Finally, HHM Wealth Advisors LLC increased its position in shares of Schwab US Broad Market ETF by 2.2% during the first quarter. HHM Wealth Advisors LLC now owns 5,146,591 shares of the company’s stock valued at $129,179,000 after purchasing an additional 108,943 shares during the period.

Schwab US Broad Market ETF Stock Up 0.3%

Schwab US Broad Market ETF stock traded up $0.09 on Friday, hitting $29.18. The company’s stock had a trading volume of 5,450,458 shares, compared to its average volume of 9,913,581. The firm has a market cap of $43.58 billion, a P/E ratio of 25.08 and a beta of 1.02. The company has a fifty day moving average price of $28.70 and a 200-day moving average price of $27.18. Schwab US Broad Market ETF has a one year low of $23.83 and a one year high of $29.35.

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.