Ballentine Partners LLC Has $83.23 Million Stake in Schwab US Broad Market ETF $SCHB

Ballentine Partners LLC cut its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 1.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,237,353 shares of the company’s stock after selling 34,926 shares during the quarter. Schwab US Broad Market ETF comprises about 1.2% of Ballentine Partners LLC’s holdings, making the stock its 15th largest position. Ballentine Partners LLC owned 0.22% of Schwab US Broad Market ETF worth $83,232,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Brighton Jones LLC grew its stake in Schwab US Broad Market ETF by 1,209.6% during the fourth quarter. Brighton Jones LLC now owns 228,625 shares of the company’s stock worth $5,190,000 after purchasing an additional 211,168 shares during the period. Revolve Wealth Partners LLC grew its position in shares of Schwab US Broad Market ETF by 197.5% during the 4th quarter. Revolve Wealth Partners LLC now owns 21,510 shares of the company’s stock worth $488,000 after buying an additional 14,279 shares during the period. Goldman Sachs Group Inc. increased its stake in shares of Schwab US Broad Market ETF by 50.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,549,572 shares of the company’s stock valued at $33,362,000 after acquiring an additional 518,984 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in shares of Schwab US Broad Market ETF by 7.4% during the 2nd quarter. Janney Montgomery Scott LLC now owns 128,548 shares of the company’s stock valued at $3,063,000 after acquiring an additional 8,897 shares during the period. Finally, HB Wealth Management LLC boosted its stake in Schwab US Broad Market ETF by 0.4% during the second quarter. HB Wealth Management LLC now owns 6,496,557 shares of the company’s stock worth $154,812,000 after acquiring an additional 25,680 shares in the last quarter.

Schwab US Broad Market ETF Trading Up 0.4%

NYSEARCA:SCHB opened at $26.85 on Wednesday. Schwab US Broad Market ETF has a 12 month low of $18.52 and a 12 month high of $26.89. The stock has a market capitalization of $39.13 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. The firm has a fifty day simple moving average of $26.35 and a two-hundred day simple moving average of $25.65.

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.