Genesee Capital Advisors LLC lowered its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) by 2.0% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 1,031,515 shares of the company’s stock after selling 21,344 shares during the quarter. Schwab US Broad Market ETF comprises about 9.6% of Genesee Capital Advisors LLC’s investment portfolio, making the stock its largest position. Genesee Capital Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $30,234,000 at the end of the most recent reporting period.
A number of other large investors also recently bought and sold shares of SCHB. Forvis Mazars Wealth Advisors LLC bought a new stake in shares of Schwab US Broad Market ETF during the 3rd quarter valued at about $175,355,000. Capital & Planning LLC bought a new position in Schwab US Broad Market ETF in the second quarter worth about $875,000. First Heartland Consultants Inc. acquired a new position in Schwab US Broad Market ETF in the third quarter valued at approximately $823,000. Allworth Financial LP boosted its stake in Schwab US Broad Market ETF by 6.2% in the second quarter. Allworth Financial LP now owns 1,809,502 shares of the company’s stock valued at $52,403,000 after acquiring an additional 106,193 shares during the period. Finally, Corient Private Wealth LP boosted its stake in Schwab US Broad Market ETF by 15.0% in the second quarter. Corient Private Wealth LP now owns 1,001,507 shares of the company’s stock valued at $29,004,000 after acquiring an additional 130,691 shares during the period.
Schwab US Broad Market ETF Stock Up 0.4%
Shares of NYSEARCA:SCHB traded up $0.10 during trading on Tuesday, hitting $29.50. 14,756,888 shares of the company traded hands, compared to its average volume of 9,304,061. The stock has a market capitalization of $44.77 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. The business’s fifty day moving average is $29.61 and its 200-day moving average is $28.77. Schwab US Broad Market ETF has a one year low of $24.28 and a one year high of $30.15.
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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.
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