Cliftonlarsonallen Wealth Advisors LLC Reduces Position in Schwab US Broad Market ETF $SCHB

Cliftonlarsonallen Wealth Advisors LLC cut its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 4.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,362,355 shares of the company’s stock after selling 104,747 shares during the quarter. Schwab US Broad Market ETF makes up approximately 0.9% of Cliftonlarsonallen Wealth Advisors LLC’s portfolio, making the stock its 22nd largest holding. Cliftonlarsonallen Wealth Advisors LLC owned 0.16% of Schwab US Broad Market ETF worth $61,965,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of SCHB. Brighton Jones LLC increased its position in shares of 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 valued at $5,190,000 after buying an additional 211,168 shares during the period. Revolve Wealth Partners LLC increased its position in shares of Schwab US Broad Market ETF by 197.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 21,510 shares of the company’s stock valued at $488,000 after buying an additional 14,279 shares during the period. Goldman Sachs Group Inc. increased its position in shares of Schwab US Broad Market ETF by 50.4% during the first quarter. Goldman Sachs Group Inc. now owns 1,549,572 shares of the company’s stock valued at $33,362,000 after buying an additional 518,984 shares during the period. Schnieders Capital Management LLC. bought a new stake in shares of Schwab US Broad Market ETF during the second quarter valued at about $218,000. Finally, Russell Investments Group Ltd. increased its position in shares of Schwab US Broad Market ETF by 18.5% during the second quarter. Russell Investments Group Ltd. now owns 9,924 shares of the company’s stock valued at $236,000 after buying an additional 1,552 shares during the period.

Schwab US Broad Market ETF Stock Up 2.6%

Shares of SCHB opened at $26.12 on Thursday. The business’s 50-day moving average price is $26.00 and its 200-day moving average price is $26.09. Schwab US Broad Market ETF has a twelve month low of $18.93 and a twelve month high of $26.94. The stock has a market cap of $38.41 billion, a PE 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.