Bartlett & CO. Wealth Management LLC Trims Stock Position in Schwab US Broad Market ETF $SCHB

Bartlett & CO. Wealth Management LLC cut its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 0.7% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,045,997 shares of the company’s stock after selling 7,096 shares during the period. Bartlett & CO. Wealth Management LLC’s holdings in Schwab US Broad Market ETF were worth $24,926,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SCHB. Annis Gardner Whiting Capital Advisors LLC purchased a new position in shares of Schwab US Broad Market ETF during the 1st quarter worth approximately $25,000. Christopher J. Hasenberg Inc raised its stake in shares of Schwab US Broad Market ETF by 310.6% during the 2nd quarter. Christopher J. Hasenberg Inc now owns 1,084 shares of the company’s stock worth $26,000 after buying an additional 820 shares in the last quarter. Wealth Preservation Advisors LLC purchased a new position in shares of Schwab US Broad Market ETF during the 1st quarter worth approximately $30,000. Curat Global LLC purchased a new position in shares of Schwab US Broad Market ETF during the 1st quarter worth approximately $31,000. Finally, Kayne Anderson Rudnick Investment Management LLC purchased a new position in shares of Schwab US Broad Market ETF during the 1st quarter worth approximately $32,000.

Schwab US Broad Market ETF Trading Up 0.3%

Shares of SCHB stock opened at $25.71 on Wednesday. The company has a market cap of $37.17 billion, a price-to-earnings ratio of 25.08 and a beta of 1.03. The stock has a 50 day simple moving average of $24.95 and a 200-day simple moving average of $23.23. Schwab US Broad Market ETF has a 12-month low of $18.52 and a 12-month high of $25.88.

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.