Strategic Advisors LLC Sells 86,328 Shares of Schwab US Broad Market ETF $SCHB

Strategic Advisors LLC trimmed its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 7.8% in the 2nd quarter, HoldingsChannel reports. The firm owned 1,021,776 shares of the company’s stock after selling 86,328 shares during the quarter. Schwab US Broad Market ETF makes up about 5.6% of Strategic Advisors LLC’s portfolio, making the stock its 3rd biggest position. Strategic Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $29,591,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. HighTower Advisors LLC increased its stake in 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 purchasing an additional 854,800 shares in the last quarter. Hanson & Doremus Investment Management raised its holdings in 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 buying an additional 33,281 shares during the period. Evergreen Advisors LLC lifted its stake in Schwab US Broad Market ETF by 1.8% during the first quarter. Evergreen Advisors LLC now owns 6,280,152 shares of the company’s stock valued at $157,632,000 after buying an additional 112,717 shares in the last quarter. HHM Wealth Advisors LLC lifted its stake in 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 buying an additional 108,943 shares in the last quarter. Finally, TruNorth Capital Management LLC boosted its holdings in shares of Schwab US Broad Market ETF by 0.4% in the fourth quarter. TruNorth Capital Management LLC now owns 5,090,429 shares of the company’s stock worth $133,522,000 after buying an additional 19,118 shares during the period.

Schwab US Broad Market ETF Price Performance

Shares of SCHB opened at $29.70 on Monday. The company has a 50-day moving average of $29.17 and a two-hundred day moving average of $27.86. The stock has a market cap of $44.56 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a one year low of $24.28 and a one year high of $30.15.

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.