SageView Advisory Group LLC Cuts Position in Schwab US Broad Market ETF $SCHB

SageView Advisory Group LLC lessened its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 0.6% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 138,715 shares of the company’s stock after selling 874 shares during the quarter. SageView Advisory Group LLC’s holdings in Schwab US Broad Market ETF were worth $2,987,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of SCHB. Studio Investment Management LLC grew its holdings in Schwab US Broad Market ETF by 200.0% in the fourth quarter. Studio Investment Management LLC now owns 1,092 shares of the company’s stock worth $25,000 after purchasing an additional 728 shares during the period. Annis Gardner Whiting Capital Advisors LLC purchased a new stake in shares of Schwab US Broad Market ETF during the first quarter valued at approximately $25,000. Wealth Preservation Advisors LLC purchased a new stake in shares of Schwab US Broad Market ETF during the first quarter valued at approximately $30,000. Vermillion Wealth Management Inc. purchased a new stake in shares of Schwab US Broad Market ETF during the fourth quarter valued at approximately $31,000. Finally, Curat Global LLC purchased a new stake in shares of Schwab US Broad Market ETF during the first quarter valued at approximately $31,000.

Schwab US Broad Market ETF Stock Up 0.1%

NYSEARCA:SCHB opened at $25.14 on Wednesday. The stock has a market cap of $36.35 billion, a price-to-earnings ratio of 25.08 and a beta of 1.03. The company’s 50 day moving average price is $24.52 and its 200-day moving average price is $22.88. Schwab US Broad Market ETF has a 52 week low of $18.52 and a 52 week high of $25.23.

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.