Everhart Financial Group Inc. Trims Position in Schwab US Broad Market ETF $SCHB

Everhart Financial Group Inc. decreased its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 5.8% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 425,763 shares of the company’s stock after selling 25,994 shares during the quarter. Schwab US Broad Market ETF comprises about 1.0% of Everhart Financial Group Inc.’s investment portfolio, making the stock its 17th biggest position. Everhart Financial Group Inc.’s holdings in Schwab US Broad Market ETF were worth $11,168,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Gallagher Fiduciary Advisors LLC lifted its position in Schwab US Broad Market ETF by 2,295.8% during the second quarter. Gallagher Fiduciary Advisors LLC now owns 64,764,324 shares of the company’s stock worth $1,543,334,000 after buying an additional 62,061,116 shares during the period. Rebalance LLC increased its stake in shares of Schwab US Broad Market ETF by 10.0% during the 3rd quarter. Rebalance LLC now owns 14,480,067 shares of the company’s stock valued at $372,283,000 after acquiring an additional 1,320,879 shares during the last quarter. SCS Capital Management LLC lifted its holdings in shares of Schwab US Broad Market ETF by 2.7% during the 2nd quarter. SCS Capital Management LLC now owns 12,223,396 shares of the company’s stock worth $291,284,000 after acquiring an additional 322,220 shares during the period. Strid Group LLC lifted its holdings in shares of Schwab US Broad Market ETF by 0.7% during the 3rd quarter. Strid Group LLC now owns 8,716,201 shares of the company’s stock worth $224,094,000 after acquiring an additional 57,964 shares during the period. Finally, Bouchey Financial Group Ltd boosted its position in shares of Schwab US Broad Market ETF by 0.5% in the third quarter. Bouchey Financial Group Ltd now owns 8,318,386 shares of the company’s stock worth $213,866,000 after acquiring an additional 42,459 shares during the last quarter.

Schwab US Broad Market ETF Stock Performance

SCHB opened at $25.05 on Friday. Schwab US Broad Market ETF has a 1 year low of $18.52 and a 1 year high of $26.94. The company’s 50 day simple moving average is $26.39 and its 200 day simple moving average is $26.09. The stock has a market capitalization of $36.50 billion, a PE 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.