Schwab US Broad Market ETF $SCHB Holdings Decreased by Cape Investment Advisory Inc.

Cape Investment Advisory Inc. reduced its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 99.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,761 shares of the company’s stock after selling 1,570,252 shares during the period. Cape Investment Advisory Inc.’s holdings in Schwab US Broad Market ETF were worth $328,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Financial Life Planners bought a new stake in Schwab US Broad Market ETF during the third quarter valued at $27,000. Wiser Advisor Group LLC bought a new position in shares of Schwab US Broad Market ETF in the 3rd quarter worth about $29,000. First Pacific Financial acquired a new position in shares of Schwab US Broad Market ETF in the 3rd quarter valued at about $51,000. LGT Financial Advisors LLC acquired a new position in shares of Schwab US Broad Market ETF in the 3rd quarter valued at about $52,000. Finally, Palisade Asset Management LLC bought a new stake in shares of Schwab US Broad Market ETF during the 3rd quarter valued at about $68,000.

Schwab US Broad Market ETF Stock Down 1.4%

SCHB opened at $25.49 on Thursday. The firm has a market cap of $37.14 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a fifty-two week low of $18.52 and a fifty-two week high of $26.94. The company’s 50-day moving average price is $26.44 and its 200 day moving average price is $26.09.

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