Schwab US Broad Market ETF $SCHB Shares Sold by Vestwell Advisors LLC

Vestwell Advisors LLC reduced its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 4.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 417,180 shares of the company’s stock after selling 18,911 shares during the quarter. Schwab US Broad Market ETF makes up 1.6% of Vestwell Advisors LLC’s investment portfolio, making the stock its 9th biggest holding. Vestwell Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $10,943,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in SCHB. Financial Life Planners acquired a new position in shares of Schwab US Broad Market ETF during the 3rd quarter worth about $27,000. Wiser Advisor Group LLC acquired a new position in shares of Schwab US Broad Market ETF during the 3rd quarter worth about $29,000. LRI Investments LLC acquired a new position in shares of Schwab US Broad Market ETF during the 4th quarter worth about $35,000. Basepoint Wealth LLC acquired a new position in shares of Schwab US Broad Market ETF during the 4th quarter worth about $38,000. Finally, Godfrey Financial Associates Inc. acquired a new position in shares of Schwab US Broad Market ETF during the 4th quarter worth about $51,000.

Schwab US Broad Market ETF Stock Performance

NYSEARCA:SCHB opened at $28.69 on Monday. The stock has a market cap of $42.42 billion, a P/E ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 1 year low of $22.88 and a 1 year high of $29.35. The stock has a 50-day simple moving average of $27.86 and a 200-day simple moving average of $26.82.

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.