Successful Portfolios LLC Sells 6,893 Shares of Schwab US Broad Market ETF $SCHB

Successful Portfolios LLC reduced its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 3.2% during the second quarter, Holdings Channel.com reports. The fund owned 210,724 shares of the company’s stock after selling 6,893 shares during the quarter. Schwab US Broad Market ETF accounts for approximately 3.1% of Successful Portfolios LLC’s investment portfolio, making the stock its 8th largest position. Successful Portfolios LLC’s holdings in Schwab US Broad Market ETF were worth $5,022,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of SCHB. Kingstone Capital Partners Texas LLC acquired a new position in Schwab US Broad Market ETF during the second quarter worth about $161,574,000. Kestra Advisory Services LLC grew its holdings in 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 acquiring an additional 1,903,192 shares during the period. Capital Management Associates Inc boosted its position in shares of Schwab US Broad Market ETF by 107.6% in the 1st quarter. Capital Management Associates Inc now owns 3,527,282 shares of the company’s stock valued at $75,942,000 after purchasing an additional 1,828,084 shares during the period. SCS Capital Management LLC boosted its position in shares of Schwab US Broad Market ETF by 16.6% in the 1st quarter. SCS Capital Management LLC now owns 11,901,176 shares of the company’s stock valued at $256,232,000 after purchasing an additional 1,697,159 shares during the period. Finally, Rebalance LLC boosted its position in shares of Schwab US Broad Market ETF by 10.1% in the 2nd quarter. Rebalance LLC now owns 13,159,188 shares of the company’s stock valued at $313,583,000 after purchasing an additional 1,209,350 shares during the period.

Schwab US Broad Market ETF Stock Up 0.0%

NYSEARCA:SCHB opened at $25.84 on Friday. Schwab US Broad Market ETF has a 1-year low of $18.52 and a 1-year high of $25.99. The firm has a market capitalization of $37.54 billion, a price-to-earnings ratio of 25.08 and a beta of 1.03. The stock has a fifty day simple moving average of $25.03 and a 200 day simple moving average of $23.30.

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.