Mitchell Sinkler & Starr PA Sells 19,355 Shares of Schwab US Broad Market ETF $SCHB

Mitchell Sinkler & Starr PA trimmed its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 5.6% during the second quarter, Holdings Channel reports. The institutional investor owned 327,595 shares of the company’s stock after selling 19,355 shares during the quarter. Schwab US Broad Market ETF makes up about 3.7% of Mitchell Sinkler & Starr PA’s investment portfolio, making the stock its 6th biggest holding. Mitchell Sinkler & Starr PA’s holdings in Schwab US Broad Market ETF were worth $7,807,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Concurrent Investment Advisors LLC lifted its stake in shares of Schwab US Broad Market ETF by 31.3% during the second quarter. Concurrent Investment Advisors LLC now owns 51,502 shares of the company’s stock valued at $1,227,000 after acquiring an additional 12,282 shares during the period. Johnson Investment Counsel Inc. raised its holdings in Schwab US Broad Market ETF by 20.6% during the 2nd quarter. Johnson Investment Counsel Inc. now owns 387,281 shares of the company’s stock worth $9,229,000 after purchasing an additional 66,234 shares during the last quarter. PrairieView Partners LLC lifted its position in Schwab US Broad Market ETF by 4.5% during the 2nd quarter. PrairieView Partners LLC now owns 652,952 shares of the company’s stock valued at $15,559,000 after purchasing an additional 28,363 shares during the period. Cross Staff Investments Inc boosted its stake in shares of Schwab US Broad Market ETF by 1.0% in the 2nd quarter. Cross Staff Investments Inc now owns 107,519 shares of the company’s stock valued at $2,562,000 after purchasing an additional 1,077 shares during the last quarter. Finally, Summit Place Financial Advisors LLC boosted its stake in shares of Schwab US Broad Market ETF by 1.5% in the 2nd quarter. Summit Place Financial Advisors LLC now owns 40,364 shares of the company’s stock valued at $962,000 after purchasing an additional 600 shares during the last quarter.

Schwab US Broad Market ETF Price Performance

Shares of NYSEARCA:SCHB opened at $25.20 on Friday. Schwab US Broad Market ETF has a one year low of $18.52 and a one year high of $26.01. The company has a 50 day moving average of $25.17 and a 200-day moving average of $23.44. The stock has a market cap of $36.63 billion, a price-to-earnings ratio of 25.08 and a beta of 1.03.

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.