Evermay Wealth Management LLC cut its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) by 5.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 51,240 shares of the company’s stock after selling 2,724 shares during the period. Evermay Wealth Management LLC’s holdings in Schwab US Broad Market ETF were worth $1,221,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently bought and sold shares of SCHB. Kingstone Capital Partners Texas LLC bought a new position in Schwab US Broad Market ETF in the 2nd quarter worth approximately $161,574,000. Kestra Advisory Services LLC boosted its holdings in Schwab US Broad Market ETF by 1,807.0% in the 1st quarter. Kestra Advisory Services LLC now owns 2,008,516 shares of the company’s stock worth $47,421,000 after buying an additional 1,903,192 shares during the period. Capital Management Associates Inc boosted its holdings in 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 worth $75,942,000 after buying an additional 1,828,084 shares during the period. SCS Capital Management LLC boosted its holdings in 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 worth $256,232,000 after buying an additional 1,697,159 shares during the period. Finally, Rebalance LLC boosted its holdings in 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 worth $313,583,000 after buying an additional 1,209,350 shares during the period.
Schwab US Broad Market ETF Trading Up 0.5%
SCHB opened at $25.63 on Monday. The company has a 50 day moving average of $25.29 and a 200 day moving average of $23.60. The company has a market cap of $37.25 billion, a PE ratio of 25.08 and a beta of 1.03. Schwab US Broad Market ETF has a 12 month low of $18.52 and a 12 month high of $26.01.
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.
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