Wealthcare Advisory Partners LLC Sells 29,482 Shares of Schwab US Broad Market ETF $SCHB

Wealthcare Advisory Partners LLC trimmed its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 15.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 159,615 shares of the company’s stock after selling 29,482 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in Schwab US Broad Market ETF were worth $4,622,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Financial Life Planners bought a new position in Schwab US Broad Market ETF in the 1st quarter valued at $27,000. Birchwood Financial Partners Inc. bought a new stake in shares of Schwab US Broad Market ETF during the fourth quarter worth $28,000. Wiser Advisor Group LLC purchased a new stake in shares of Schwab US Broad Market ETF during the third quarter valued at $29,000. Bayban bought a new position in shares of Schwab US Broad Market ETF in the fourth quarter worth about $33,000. Finally, LRI Investments LLC purchased a new position in Schwab US Broad Market ETF in the 4th quarter worth about $35,000.

Schwab US Broad Market ETF Price Performance

Shares of SCHB opened at $29.79 on Wednesday. The firm has a market capitalization of $44.69 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 1-year low of $24.28 and a 1-year high of $30.01. The company has a 50-day moving average of $28.91 and a 200 day moving average of $27.57.

Schwab US Broad Market ETF 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.