Wealthspire Advisors LLC cut its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) by 50.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 500,567 shares of the company’s stock after selling 501,705 shares during the quarter. Wealthspire Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $13,130,000 as of its most recent SEC filing.
Other institutional investors also recently bought and sold shares of the company. Donaldson Capital Management LLC raised its position in Schwab US Broad Market ETF by 14.3% in the 4th quarter. Donaldson Capital Management LLC now owns 192,702 shares of the company’s stock worth $5,055,000 after purchasing an additional 24,114 shares during the period. Sunburst Financial Group LLC lifted its position in shares of Schwab US Broad Market ETF by 1.9% during the fourth quarter. Sunburst Financial Group LLC now owns 2,126,176 shares of the company’s stock worth $55,770,000 after purchasing an additional 39,321 shares during the last quarter. Dorato Capital Management bought a new stake in shares of Schwab US Broad Market ETF during the fourth quarter worth $2,500,000. Farrow Financial Inc. lifted its position in shares of Schwab US Broad Market ETF by 47.1% during the fourth quarter. Farrow Financial Inc. now owns 83,285 shares of the company’s stock worth $2,185,000 after purchasing an additional 26,673 shares during the last quarter. Finally, Sjbenen Advisory LLC bought a new stake in shares of Schwab US Broad Market ETF during the fourth quarter worth $2,758,000.
Schwab US Broad Market ETF Trading Up 0.5%
NYSEARCA:SCHB opened at $28.69 on Friday. Schwab US Broad Market ETF has a twelve month low of $22.88 and a twelve month high of $29.35. The company has a market cap of $42.42 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. The stock has a fifty day simple moving average of $27.86 and a 200-day simple moving average of $26.81.
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.
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