Schwab US Broad Market ETF $SCHB is Ashford Advisors LLC’s 7th Largest Position

Ashford Advisors LLC lessened its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 19.9% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 596,984 shares of the company’s stock after selling 148,560 shares during the quarter. Schwab US Broad Market ETF accounts for approximately 3.4% of Ashford Advisors LLC’s portfolio, making the stock its 7th biggest position. Ashford Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $15,348,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of SCHB. Gallagher Fiduciary Advisors LLC increased its position in Schwab US Broad Market ETF by 2,295.8% during the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 64,764,324 shares of the company’s stock worth $1,543,334,000 after purchasing an additional 62,061,116 shares in the last quarter. Rebalance LLC raised its position in Schwab US Broad Market ETF by 10.0% in the third quarter. Rebalance LLC now owns 14,480,067 shares of the company’s stock valued at $372,283,000 after purchasing an additional 1,320,879 shares during the period. SCS Capital Management LLC grew its position in shares of Schwab US Broad Market ETF by 2.7% during the second quarter. SCS Capital Management LLC now owns 12,223,396 shares of the company’s stock worth $291,284,000 after buying an additional 322,220 shares in the last quarter. Strid Group LLC boosted its holdings in Schwab US Broad Market ETF by 0.7% in the third quarter. Strid Group LLC now owns 8,716,201 shares of the company’s stock worth $224,094,000 after purchasing an additional 57,964 shares during the period. Finally, Bouchey Financial Group Ltd boosted its stake in Schwab US Broad Market ETF by 0.5% in the second quarter. Bouchey Financial Group Ltd now owns 8,275,927 shares of the company’s stock valued at $197,215,000 after acquiring an additional 37,462 shares during the period.

Schwab US Broad Market ETF Stock Performance

Shares of NYSEARCA:SCHB opened at $26.85 on Wednesday. The firm has a 50 day simple moving average of $26.35 and a 200 day simple moving average of $25.65. Schwab US Broad Market ETF has a 52 week low of $18.52 and a 52 week high of $26.89. The company has a market cap of $39.13 billion, a PE ratio of 25.08 and a beta of 1.02.

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.