Schwab US Broad Market ETF $SCHB Shares Sold by Sax Wealth Advisors LLC

Sax Wealth Advisors LLC lessened its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) by 6.7% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 268,077 shares of the company’s stock after selling 19,222 shares during the quarter. Sax Wealth Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $7,857,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in SCHB. Financial Life Planners acquired a new stake in shares of Schwab US Broad Market ETF in the first quarter valued at about $27,000. Markowski Investments bought a new position in Schwab US Broad Market ETF during the 2nd quarter worth approximately $31,000. Bayban bought a new stake in Schwab US Broad Market ETF during the fourth quarter valued at $33,000. Sound Income Strategies LLC acquired a new stake in Schwab US Broad Market ETF during the first quarter worth about $35,000. Finally, Compass Financial Management LLC acquired a new position in Schwab US Broad Market ETF during the 2nd quarter valued at approximately $38,000.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB traded down $0.06 during mid-day trading on Tuesday, reaching $29.82. 3,890,603 shares of the company’s stock traded hands, compared to its average volume of 9,080,514. Schwab US Broad Market ETF has a 12 month low of $24.28 and a 12 month high of $30.15. The business’s 50-day moving average price is $29.64 and its 200-day moving average price is $28.61. The stock has a market capitalization of $45.21 billion, a P/E ratio of 25.08 and a beta of 1.02.

Schwab US Broad Market ETF Company Profile

(Free Report)

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.

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