Everhart Financial Group Inc. Sells 21,881 Shares of Schwab US Broad Market ETF $SCHB

Everhart Financial Group Inc. reduced its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 5.2% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 400,094 shares of the company’s stock after selling 21,881 shares during the period. Schwab US Broad Market ETF comprises about 0.7% of Everhart Financial Group Inc.’s investment portfolio, making the stock its 21st biggest position. Everhart Financial Group Inc.’s holdings in Schwab US Broad Market ETF were worth $11,587,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in SCHB. Brighton Jones LLC raised its position in Schwab US Broad Market ETF by 1,209.6% in the fourth quarter. Brighton Jones LLC now owns 228,625 shares of the company’s stock worth $5,190,000 after purchasing an additional 211,168 shares in the last quarter. Revolve Wealth Partners LLC boosted its holdings in Schwab US Broad Market ETF by 197.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 21,510 shares of the company’s stock valued at $488,000 after purchasing an additional 14,279 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in Schwab US Broad Market ETF by 50.4% during the first quarter. Goldman Sachs Group Inc. now owns 1,549,572 shares of the company’s stock valued at $33,362,000 after purchasing an additional 518,984 shares in the last quarter. Schnieders Capital Management LLC. bought a new stake in shares of Schwab US Broad Market ETF in the 2nd quarter valued at approximately $218,000. Finally, Russell Investments Group Ltd. grew its stake in shares of Schwab US Broad Market ETF by 18.5% in the 2nd quarter. Russell Investments Group Ltd. now owns 9,924 shares of the company’s stock valued at $236,000 after purchasing an additional 1,552 shares during the period.

Schwab US Broad Market ETF Trading Up 0.8%

Shares of SCHB opened at $29.90 on Friday. The stock has a market cap of $44.86 billion, a PE ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 1 year low of $24.28 and a 1 year high of $30.01. The stock has a 50 day simple moving average of $28.89 and a 200-day simple moving average of $27.52.

Schwab US Broad Market ETF 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.