Intelligence Driven Advisers LLC Has $26.15 Million Stock Holdings in Schwab US Broad Market ETF $SCHB

Intelligence Driven Advisers LLC trimmed its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 2.2% during the third quarter, HoldingsChannel.com reports. The firm owned 1,017,155 shares of the company’s stock after selling 23,170 shares during the quarter. Schwab US Broad Market ETF makes up 3.6% of Intelligence Driven Advisers LLC’s portfolio, making the stock its 9th largest position. Intelligence Driven Advisers LLC’s holdings in Schwab US Broad Market ETF were worth $26,151,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in SCHB. ARS Wealth Advisors Group LLC grew its holdings in Schwab US Broad Market ETF by 4.3% during the 3rd quarter. ARS Wealth Advisors Group LLC now owns 9,779 shares of the company’s stock valued at $251,000 after buying an additional 405 shares in the last quarter. Blue Trust Inc. lifted its holdings in shares of Schwab US Broad Market ETF by 1.9% in the third quarter. Blue Trust Inc. now owns 22,375 shares of the company’s stock worth $575,000 after buying an additional 414 shares in the last quarter. Summit Place Financial Advisors LLC boosted its position in shares of Schwab US Broad Market ETF by 1.1% in the third quarter. Summit Place Financial Advisors LLC now owns 40,789 shares of the company’s stock valued at $1,049,000 after acquiring an additional 425 shares during the period. Triangle Securities Wealth Management grew its stake in Schwab US Broad Market ETF by 0.4% during the third quarter. Triangle Securities Wealth Management now owns 117,174 shares of the company’s stock valued at $3,013,000 after acquiring an additional 431 shares in the last quarter. Finally, Baltimore Washington Financial Advisors Inc. grew its stake in Schwab US Broad Market ETF by 2.8% during the second quarter. Baltimore Washington Financial Advisors Inc. now owns 16,461 shares of the company’s stock valued at $392,000 after acquiring an additional 454 shares in the last quarter.

Schwab US Broad Market ETF Trading Up 0.6%

Schwab US Broad Market ETF stock opened at $26.62 on Monday. Schwab US Broad Market ETF has a 1-year low of $18.52 and a 1-year high of $26.94. The firm has a market capitalization of $38.79 billion, a PE ratio of 25.08 and a beta of 1.02. The firm’s 50 day simple moving average is $26.52 and its 200 day simple moving average is $25.93.

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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.