Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Sold by ZRC Wealth Management LLC

ZRC Wealth Management LLC lowered its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 2.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 46,070 shares of the company’s stock after selling 1,164 shares during the quarter. Schwab US Broad Market ETF accounts for 1.4% of ZRC Wealth Management LLC’s investment portfolio, making the stock its 16th biggest position. ZRC Wealth Management LLC’s holdings in Schwab US Broad Market ETF were worth $2,813,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. FMR LLC grew its stake in Schwab US Broad Market ETF by 16.7% during the third quarter. FMR LLC now owns 144,190 shares of the company’s stock worth $7,188,000 after buying an additional 20,638 shares during the period. Natixis Advisors L.P. purchased a new stake in Schwab US Broad Market ETF during the 3rd quarter worth $666,000. Trexquant Investment LP increased its holdings in Schwab US Broad Market ETF by 18.7% in the 3rd quarter. Trexquant Investment LP now owns 12,420 shares of the company’s stock valued at $619,000 after purchasing an additional 1,957 shares in the last quarter. Tower Research Capital LLC TRC raised its position in Schwab US Broad Market ETF by 829.6% in the third quarter. Tower Research Capital LLC TRC now owns 10,607 shares of the company’s stock valued at $529,000 after purchasing an additional 9,466 shares during the period. Finally, LaSalle St. Investment Advisors LLC acquired a new position in shares of Schwab US Broad Market ETF during the third quarter worth about $674,000.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB stock traded up $0.24 during trading hours on Thursday, reaching $63.61. The company had a trading volume of 325,849 shares, compared to its average volume of 805,083. The company has a market capitalization of $29.24 billion, a P/E ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a twelve month low of $47.46 and a twelve month high of $63.65. The stock’s fifty day simple moving average is $61.49 and its 200 day simple moving average is $59.23.

Schwab US Broad Market ETF Company 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.