Schwab US Broad Market ETF $SCHB Stake Lessened by Prosperitas Financial LLC

Prosperitas Financial LLC reduced its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 12.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 356,431 shares of the company’s stock after selling 52,457 shares during the quarter. Schwab US Broad Market ETF accounts for 3.2% of Prosperitas Financial LLC’s portfolio, making the stock its 11th largest position. Prosperitas Financial LLC’s holdings in Schwab US Broad Market ETF were worth $10,447,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Partners Wealth Management LLC acquired a new position in shares of Schwab US Broad Market ETF during the third quarter worth about $436,000. Everett Harris & Co. CA acquired a new stake in Schwab US Broad Market ETF in the third quarter valued at approximately $646,000. Choreo LLC raised its stake in shares of Schwab US Broad Market ETF by 50.9% during the third quarter. Choreo LLC now owns 194,137 shares of the company’s stock valued at $5,690,000 after purchasing an additional 65,468 shares during the period. Blueprint Financial Advisors LLC raised its stake in shares of Schwab US Broad Market ETF by 12.4% during the third quarter. Blueprint Financial Advisors LLC now owns 179,096 shares of the company’s stock valued at $5,249,000 after purchasing an additional 19,825 shares during the period. Finally, Fonville Wealth Management LLC raised its stake in shares of Schwab US Broad Market ETF by 5.7% during the third quarter. Fonville Wealth Management LLC now owns 57,211 shares of the company’s stock valued at $1,677,000 after purchasing an additional 3,082 shares during the period.

Schwab US Broad Market ETF Trading Down 1.8%

NYSEARCA SCHB opened at $29.07 on Friday. The company’s fifty day simple moving average is $29.55 and its 200-day simple moving average is $28.12. Schwab US Broad Market ETF has a 52 week low of $24.28 and a 52 week high of $30.15. The stock has a market cap of $44.18 billion, a P/E ratio of 25.08 and a beta of 1.02.

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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.