Betterment LLC Sells 323,285 Shares of Schwab US Broad Market ETF $SCHB

Betterment LLC cut its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 1.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,504,113 shares of the company’s stock after selling 323,285 shares during the quarter. Schwab US Broad Market ETF makes up approximately 0.8% of Betterment LLC’s portfolio, making the stock its 24th largest holding. Betterment LLC owned 1.13% of Schwab US Broad Market ETF worth $424,321,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of SCHB. Financial Life Planners bought a new position in Schwab US Broad Market ETF in the 3rd quarter worth approximately $27,000. First Pacific Financial bought a new stake in Schwab US Broad Market ETF during the 3rd quarter valued at $51,000. GW&K Investment Management LLC bought a new stake in Schwab US Broad Market ETF during the 3rd quarter valued at $69,000. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of Schwab US Broad Market ETF during the second quarter worth $77,000. Finally, Capital A Wealth Management LLC lifted its position in shares of Schwab US Broad Market ETF by 2,021.9% during the second quarter. Capital A Wealth Management LLC now owns 3,968 shares of the company’s stock worth $95,000 after acquiring an additional 3,781 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

Schwab US Broad Market ETF stock opened at $25.65 on Friday. The firm has a market capitalization of $37.37 billion, a P/E ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a one year low of $18.52 and a one year high of $26.94. The business has a fifty day moving average price of $26.51 and a 200-day moving average price of $26.07.

About Schwab US Broad Market ETF

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.