Schwab US Broad Market ETF $SCHB Stock Sold by Financial Solutions Advisory Group Inc.

Financial Solutions Advisory Group Inc. reduced its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 8.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 186,969 shares of the company’s stock after selling 17,849 shares during the period. Schwab US Broad Market ETF comprises about 0.7% of Financial Solutions Advisory Group Inc.’s investment portfolio, making the stock its 27th largest holding. Financial Solutions Advisory Group Inc.’s holdings in Schwab US Broad Market ETF were worth $5,474,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Hengehold Capital Management LLC bought a new position in shares of Schwab US Broad Market ETF in the 3rd quarter valued at about $222,931,000. Forvis Mazars Wealth Advisors LLC bought a new stake in Schwab US Broad Market ETF in the 3rd quarter valued at $175,355,000. Cliftonlarsonallen Wealth Advisors LLC acquired a new stake in shares of Schwab US Broad Market ETF during the 3rd quarter worth about $72,509,000. Legacy Private Trust Co. acquired a new stake in Schwab US Broad Market ETF during the third quarter worth approximately $36,626,000. Finally, SYM FINANCIAL Corp bought a new stake in Schwab US Broad Market ETF in the 3rd quarter valued at $34,824,000.

Schwab US Broad Market ETF Stock Performance

SCHB stock opened at $29.61 on Friday. Schwab US Broad Market ETF has a 52 week low of $24.28 and a 52 week high of $30.15. The company’s 50-day simple moving average is $29.56 and its 200 day simple moving average is $28.10. The company has a market capitalization of $45.00 billion, a PE ratio of 25.08 and a beta of 1.02.

About Schwab US Broad Market ETF

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.