Redhawk Wealth Advisors Inc. Sells 18,201 Shares of Schwab US Broad Market ETF $SCHB

Redhawk Wealth Advisors Inc. cut its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 16.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 95,774 shares of the company’s stock after selling 18,201 shares during the quarter. Redhawk Wealth Advisors Inc.’s holdings in Schwab US Broad Market ETF were worth $2,282,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC grew its stake in shares of Schwab US Broad Market ETF by 9.3% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 2,095,500 shares of the company’s stock worth $45,116,000 after purchasing an additional 178,997 shares during the last quarter. Stratos Wealth Partners LTD. increased its position in shares of Schwab US Broad Market ETF by 5.3% during the first quarter. Stratos Wealth Partners LTD. now owns 24,351 shares of the company’s stock valued at $524,000 after buying an additional 1,220 shares during the period. GAMMA Investing LLC increased its position in shares of Schwab US Broad Market ETF by 2,053.0% during the first quarter. GAMMA Investing LLC now owns 31,132 shares of the company’s stock valued at $670,000 after buying an additional 29,686 shares during the period. Park Avenue Securities LLC increased its position in shares of Schwab US Broad Market ETF by 3.4% during the first quarter. Park Avenue Securities LLC now owns 37,673 shares of the company’s stock valued at $811,000 after buying an additional 1,249 shares during the period. Finally, Cetera Investment Advisers increased its position in shares of Schwab US Broad Market ETF by 4.9% during the first quarter. Cetera Investment Advisers now owns 587,930 shares of the company’s stock valued at $12,658,000 after buying an additional 27,325 shares during the period.

Schwab US Broad Market ETF Price Performance

Shares of NYSEARCA SCHB opened at $25.63 on Friday. Schwab US Broad Market ETF has a 1 year low of $18.52 and a 1 year high of $25.71. The company’s 50-day moving average is $24.72 and its 200 day moving average is $23.01. The stock has a market capitalization of $37.05 billion, a P/E ratio of 25.08 and a beta of 1.03.

Schwab US Broad Market ETF 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.