Avior Wealth Management LLC Sells 23,999 Shares of Schwab US Broad Market ETF $SCHB

Avior Wealth Management LLC cut its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 2.8% during the third quarter, HoldingsChannel.com reports. The fund owned 837,399 shares of the company’s stock after selling 23,999 shares during the quarter. Avior Wealth Management LLC’s holdings in Schwab US Broad Market ETF were worth $24,544,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of SCHB. Mirador Capital Partners LP purchased a new position in Schwab US Broad Market ETF during the 3rd quarter worth $204,000. Successful Portfolios LLC increased its stake in Schwab US Broad Market ETF by 0.6% in the third quarter. Successful Portfolios LLC now owns 209,368 shares of the company’s stock valued at $6,240,000 after purchasing an additional 1,178 shares during the period. Financial Designs Corp increased its stake in Schwab US Broad Market ETF by 30.2% in the third quarter. Financial Designs Corp now owns 139,518 shares of the company’s stock valued at $4,089,000 after purchasing an additional 32,343 shares during the period. First Heartland Consultants Inc. acquired a new position in Schwab US Broad Market ETF in the third quarter valued at $823,000. Finally, Dorato Capital Management increased its stake in Schwab US Broad Market ETF by 37.2% in the third quarter. Dorato Capital Management now owns 133,598 shares of the company’s stock valued at $3,988,000 after purchasing an additional 36,237 shares during the period.

Schwab US Broad Market ETF Stock Performance

Shares of NYSEARCA:SCHB opened at $29.88 on Tuesday. The company has a 50-day simple moving average of $29.64 and a 200-day simple moving average of $28.61. Schwab US Broad Market ETF has a one year low of $24.28 and a one year high of $30.15. The stock has a market capitalization of $45.30 billion, a price-to-earnings 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.