Schwab US Broad Market ETF $SCHB Shares Sold by BLB&B Advisors LLC

BLB&B Advisors LLC lessened its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 4.3% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 36,908 shares of the company’s stock after selling 1,669 shares during the quarter. BLB&B Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $880,000 as of its most recent filing with the SEC.

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

Schwab US Broad Market ETF Stock Performance

Shares of SCHB opened at $26.18 on Friday. The stock has a market capitalization of $38.09 billion, a PE ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 1 year low of $18.52 and a 1 year high of $26.57. The company’s 50-day simple moving average is $25.55 and its 200-day simple moving average is $23.96.

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.