Muirfield Wealth Advisors LLC Sells 9,677 Shares of Schwab US Broad Market ETF $SCHB

Muirfield Wealth Advisors LLC reduced its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 23.7% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 31,158 shares of the company’s stock after selling 9,677 shares during the quarter. Muirfield Wealth Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $742,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of SCHB. Kingstone Capital Partners Texas LLC bought a new position in Schwab US Broad Market ETF in the 2nd quarter worth $161,574,000. Kestra Advisory Services LLC raised its holdings in Schwab US Broad Market ETF by 1,807.0% during the first quarter. Kestra Advisory Services LLC now owns 2,008,516 shares of the company’s stock valued at $47,421,000 after acquiring an additional 1,903,192 shares during the period. Capital Management Associates Inc raised its holdings in Schwab US Broad Market ETF by 107.6% during the first quarter. Capital Management Associates Inc now owns 3,527,282 shares of the company’s stock valued at $75,942,000 after acquiring an additional 1,828,084 shares during the period. SCS Capital Management LLC raised its holdings in Schwab US Broad Market ETF by 16.6% during the first quarter. SCS Capital Management LLC now owns 11,901,176 shares of the company’s stock valued at $256,232,000 after acquiring an additional 1,697,159 shares during the period. Finally, Rebalance LLC raised its holdings in Schwab US Broad Market ETF by 10.1% during the second quarter. Rebalance LLC now owns 13,159,188 shares of the company’s stock valued at $313,583,000 after acquiring an additional 1,209,350 shares during the period.

Schwab US Broad Market ETF Stock Down 2.7%

NYSEARCA:SCHB opened at $25.20 on Friday. The business’s 50-day simple moving average is $25.17 and its two-hundred day simple moving average is $23.44. The stock has a market cap of $36.63 billion, a PE ratio of 25.08 and a beta of 1.03. Schwab US Broad Market ETF has a 52 week low of $18.52 and a 52 week high of $26.01.

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.