Pasadena Private Wealth LLC Sells 7,291 Shares of Schwab US Broad Market ETF $SCHB

Pasadena Private Wealth LLC trimmed its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 11.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 54,586 shares of the company’s stock after selling 7,291 shares during the period. Pasadena Private Wealth LLC’s holdings in Schwab US Broad Market ETF were worth $1,301,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Rebalance LLC raised its stake in shares of 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 worth $313,583,000 after buying an additional 1,209,350 shares during the last quarter. SCS Capital Management LLC increased its stake in Schwab US Broad Market ETF by 16.6% in the first quarter. SCS Capital Management LLC now owns 11,901,176 shares of the company’s stock valued at $256,232,000 after purchasing an additional 1,697,159 shares in the last quarter. Strid Group LLC increased its stake in Schwab US Broad Market ETF by 0.5% in the second quarter. Strid Group LLC now owns 8,658,237 shares of the company’s stock valued at $206,322,000 after purchasing an additional 43,935 shares in the last quarter. Bouchey Financial Group Ltd increased its stake in Schwab US Broad Market ETF by 0.9% in the first quarter. Bouchey Financial Group Ltd now owns 8,238,465 shares of the company’s stock valued at $177,374,000 after purchasing an additional 72,697 shares in the last quarter. Finally, Kingstone Capital Partners Texas LLC bought a new stake in Schwab US Broad Market ETF in the second quarter valued at approximately $161,574,000.

Schwab US Broad Market ETF Stock Performance

Shares of NYSEARCA:SCHB opened at $26.13 on Monday. Schwab US Broad Market ETF has a 52 week low of $18.52 and a 52 week high of $26.20. The company has a market capitalization of $38.02 billion, a PE ratio of 25.08 and a beta of 1.03. The company has a 50 day moving average price of $25.41 and a two-hundred day moving average price of $23.82.

Schwab US Broad Market ETF Company 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.