Schwab US Broad Market ETF $SCHB Stock Sold by Westover Capital Advisors LLC

Westover Capital Advisors LLC lowered its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 99.5% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,014 shares of the company’s stock after selling 1,388,011 shares during the period. Westover Capital Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $206,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Rebalance LLC increased its stake in shares of Schwab US Broad Market ETF by 3.7% in the third quarter. Rebalance LLC now owns 15,288,013 shares of the company’s stock worth $448,092,000 after acquiring an additional 549,560 shares during the last quarter. Hengehold Capital Management LLC acquired a new stake in Schwab US Broad Market ETF during the third quarter valued at $222,931,000. Hanson & Doremus Investment Management boosted its position in Schwab US Broad Market ETF by 1.3% during the third quarter. Hanson & Doremus Investment Management now owns 7,130,203 shares of the company’s stock valued at $208,986,000 after purchasing an additional 94,860 shares during the last quarter. Forvis Mazars Wealth Advisors LLC acquired a new stake in Schwab US Broad Market ETF during the third quarter valued at $175,355,000. Finally, Evergreen Advisors LLC grew its stake in Schwab US Broad Market ETF by 1.8% in the first quarter. Evergreen Advisors LLC now owns 6,280,152 shares of the company’s stock valued at $157,632,000 after purchasing an additional 112,717 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

Shares of NYSEARCA SCHB opened at $29.58 on Wednesday. The business’s 50-day moving average price is $29.56 and its two-hundred day moving average price is $28.08. Schwab US Broad Market ETF has a one year low of $24.28 and a one year high of $30.15. The company has a market capitalization of $44.95 billion, a P/E ratio of 25.08 and a beta of 1.02.

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.