Axos Invest Inc. Has $2.45 Million Stake in Schwab US Broad Market ETF $SCHB

Axos Invest Inc. trimmed its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 26.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 93,359 shares of the company’s stock after selling 34,217 shares during the period. Schwab US Broad Market ETF makes up about 1.8% of Axos Invest Inc.’s investment portfolio, making the stock its 13th biggest position. Axos Invest Inc.’s holdings in Schwab US Broad Market ETF were worth $2,449,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of SCHB. GeoWealth Management LLC grew its position in shares of Schwab US Broad Market ETF by 0.4% during the 3rd 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 period. Occidental Asset Management LLC grew its position in shares of Schwab US Broad Market ETF by 4.2% during the 4th quarter. Occidental Asset Management LLC now owns 9,880 shares of the company’s stock worth $259,000 after buying an additional 400 shares during the period. ARS Wealth Advisors Group LLC grew its position in shares of Schwab US Broad Market ETF by 4.3% during the 3rd quarter. ARS Wealth Advisors Group LLC now owns 9,779 shares of the company’s stock worth $251,000 after buying an additional 405 shares during the period. Blue Trust Inc. grew its position in shares of Schwab US Broad Market ETF by 1.9% during the 3rd quarter. Blue Trust Inc. now owns 22,375 shares of the company’s stock worth $575,000 after buying an additional 414 shares during the period. Finally, Summit Place Financial Advisors LLC grew its position in shares of Schwab US Broad Market ETF by 1.1% during the 3rd quarter. Summit Place Financial Advisors LLC now owns 40,789 shares of the company’s stock worth $1,049,000 after buying an additional 425 shares during the period.

Schwab US Broad Market ETF Trading Up 1.1%

Schwab US Broad Market ETF stock opened at $26.51 on Tuesday. Schwab US Broad Market ETF has a 1 year low of $19.57 and a 1 year high of $26.94. The business has a 50-day moving average of $25.98 and a 200-day moving average of $26.11. The firm has a market capitalization of $39.06 billion, a P/E ratio of 25.08 and a beta of 1.02.

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.