JFS Wealth Advisors LLC Sells 20,974 Shares of Schwab US Broad Market ETF $SCHB

JFS Wealth Advisors LLC trimmed its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 6.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 298,171 shares of the company’s stock after selling 20,974 shares during the quarter. JFS Wealth Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $7,105,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in SCHB. Kingstone Capital Partners Texas LLC bought a new stake in shares of Schwab US Broad Market ETF in the 2nd quarter worth approximately $161,574,000. Kestra Advisory Services LLC grew its position in shares of Schwab US Broad Market ETF by 1,807.0% in the 1st quarter. Kestra Advisory Services LLC now owns 2,008,516 shares of the company’s stock worth $47,421,000 after buying an additional 1,903,192 shares during the last quarter. Capital Management Associates Inc grew its position in shares of Schwab US Broad Market ETF by 107.6% in the 1st quarter. Capital Management Associates Inc now owns 3,527,282 shares of the company’s stock worth $75,942,000 after buying an additional 1,828,084 shares during the last quarter. SCS Capital Management LLC grew its position in shares of Schwab US Broad Market ETF by 16.6% in the 1st quarter. SCS Capital Management LLC now owns 11,901,176 shares of the company’s stock worth $256,232,000 after buying an additional 1,697,159 shares during the last quarter. Finally, Rebalance LLC grew its position in shares of Schwab US Broad Market ETF by 10.1% in the 2nd quarter. Rebalance LLC now owns 13,159,188 shares of the company’s stock worth $313,583,000 after buying an additional 1,209,350 shares during the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB stock opened at $25.20 on Friday. The firm has a market cap of $36.63 billion, a P/E ratio of 25.08 and a beta of 1.03. Schwab US Broad Market ETF has a fifty-two week low of $18.52 and a fifty-two week high of $26.01. The business’s 50 day moving average price is $25.17 and its 200-day moving average price is $23.43.

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.