Schwab US Broad Market ETF $SCHB Holdings Decreased by Equita Financial Network Inc.

Equita Financial Network Inc. reduced its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 2.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 269,712 shares of the company’s stock after selling 7,249 shares during the period. Schwab US Broad Market ETF comprises about 2.6% of Equita Financial Network Inc.’s holdings, making the stock its 10th largest holding. Equita Financial Network Inc.’s holdings in Schwab US Broad Market ETF were worth $6,427,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of SCHB. GWN Securities Inc. increased its holdings in shares of Schwab US Broad Market ETF by 45.8% in the 2nd quarter. GWN Securities Inc. now owns 27,980 shares of the company’s stock valued at $667,000 after purchasing an additional 8,792 shares during the period. SYM FINANCIAL Corp boosted its holdings in shares of Schwab US Broad Market ETF by 1.9% during the second quarter. SYM FINANCIAL Corp now owns 1,021,775 shares of the company’s stock worth $24,349,000 after purchasing an additional 19,221 shares during the period. Shilanski & Associates Inc. grew its position in Schwab US Broad Market ETF by 2.8% during the second quarter. Shilanski & Associates Inc. now owns 1,193,682 shares of the company’s stock valued at $28,445,000 after purchasing an additional 32,381 shares in the last quarter. Belvedere Trading LLC acquired a new position in Schwab US Broad Market ETF in the 2nd quarter valued at approximately $1,214,000. Finally, Chilton Capital Management LLC increased its stake in Schwab US Broad Market ETF by 1.2% in the 2nd quarter. Chilton Capital Management LLC now owns 43,821 shares of the company’s stock valued at $1,044,000 after buying an additional 517 shares during the period.

Schwab US Broad Market ETF Stock Up 1.2%

SCHB stock opened at $26.44 on Tuesday. The company has a 50 day moving average of $25.44 and a two-hundred day moving average of $23.86. The company has a market cap of $38.47 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 12-month low of $18.52 and a 12-month high of $26.45.

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.