NewEdge Advisors LLC Has $9.56 Million Stock Position in Schwab US Broad Market ETF $SCHB

NewEdge Advisors LLC lowered its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 22.6% during the first quarter, HoldingsChannel.com reports. The firm owned 380,770 shares of the company’s stock after selling 110,919 shares during the quarter. NewEdge Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $9,557,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. NWK Group Inc. lifted its holdings in shares of Schwab US Broad Market ETF by 23.0% during the 1st quarter. NWK Group Inc. now owns 1,897 shares of the company’s stock valued at $48,000 after buying an additional 355 shares during the last quarter. NerdWallet Wealth Partners LLC increased its holdings in Schwab US Broad Market ETF by 4.5% in the first quarter. NerdWallet Wealth Partners LLC now owns 9,017 shares of the company’s stock worth $226,000 after buying an additional 385 shares during the last quarter. GeoWealth Management LLC increased its holdings in Schwab US Broad Market ETF by 0.4% in the third quarter. GeoWealth Management LLC now owns 100,043 shares of the company’s stock worth $2,572,000 after buying an additional 388 shares during the last quarter. Wealthgarden F.S. LLC raised its position in Schwab US Broad Market ETF by 1.2% during the first quarter. Wealthgarden F.S. LLC now owns 34,107 shares of the company’s stock valued at $856,000 after acquiring an additional 395 shares in the last quarter. Finally, LifeSteps Financial Inc. raised its position in Schwab US Broad Market ETF by 2.9% during the first quarter. LifeSteps Financial Inc. now owns 15,178 shares of the company’s stock valued at $381,000 after acquiring an additional 423 shares in the last quarter.

Schwab US Broad Market ETF Stock Up 1.6%

NYSEARCA SCHB opened at $28.68 on Friday. The stock has a market capitalization of $43.02 billion, a PE ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 12-month low of $23.85 and a 12-month high of $29.35. The company has a 50 day moving average price of $28.82 and a two-hundred day moving average price of $27.41.

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.