Madden Advisory Services Inc. Sells 20,556 Shares of Schwab US Broad Market ETF $SCHB

Madden Advisory Services Inc. decreased its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 2.6% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 757,992 shares of the company’s stock after selling 20,556 shares during the period. Schwab US Broad Market ETF makes up about 7.7% of Madden Advisory Services Inc.’s portfolio, making the stock its biggest holding. Madden Advisory Services Inc.’s holdings in Schwab US Broad Market ETF were worth $18,063,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in SCHB. Christopher J. Hasenberg Inc boosted its position in Schwab US Broad Market ETF by 310.6% in the second quarter. Christopher J. Hasenberg Inc now owns 1,084 shares of the company’s stock valued at $26,000 after buying an additional 820 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in Schwab US Broad Market ETF in the first quarter valued at approximately $25,000. Wealth Preservation Advisors LLC acquired a new stake in Schwab US Broad Market ETF in the first quarter valued at approximately $30,000. Kayne Anderson Rudnick Investment Management LLC acquired a new stake in Schwab US Broad Market ETF in the first quarter valued at approximately $32,000. Finally, Brooklyn Investment Group acquired a new stake in Schwab US Broad Market ETF in the first quarter valued at approximately $49,000.

Schwab US Broad Market ETF Price Performance

Shares of Schwab US Broad Market ETF stock opened at $25.82 on Wednesday. Schwab US Broad Market ETF has a fifty-two week low of $18.52 and a fifty-two week high of $25.99. The firm has a market capitalization of $37.52 billion, a P/E ratio of 25.08 and a beta of 1.03. The company’s 50 day moving average price is $25.09 and its two-hundred day moving average price is $23.37.

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.