Schwab US Broad Market ETF $SCHB Stock: Lido Advisors LLC Cuts Stake

Lido Advisors LLC trimmed its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 4.5% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 846,604 shares of the company’s stock after selling 40,181 shares during the quarter. Lido Advisors LLC owned about 0.06% of Schwab US Broad Market ETF worth $24,814,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Markowski Investments acquired a new position in Schwab US Broad Market ETF in the second quarter valued at about $31,000. Compass Financial Management LLC bought a new stake in Schwab US Broad Market ETF during the second quarter worth about $38,000. Albion Financial Group UT acquired a new stake in Schwab US Broad Market ETF during the third quarter worth about $38,000. NWK Group Inc. grew its stake in Schwab US Broad Market ETF by 23.0% during the first quarter. NWK Group Inc. now owns 1,897 shares of the company’s stock worth $48,000 after buying an additional 355 shares in the last quarter. Finally, Byrne Asset Management LLC acquired a new stake in Schwab US Broad Market ETF during the second quarter worth about $59,000.

Schwab US Broad Market ETF Trading Up 1.2%

Shares of Schwab US Broad Market ETF stock opened at $29.25 on Thursday. The company has a market cap of $44.75 billion, a PE ratio of 23.41 and a beta of 1.03. The company has a 50 day moving average of $29.43 and a 200-day moving average of $28.21. Schwab US Broad Market ETF has a 1-year low of $24.28 and a 1-year high of $30.15.

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.