Wealthcare Capital Management LLC cut its position in Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) by 1.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 28,578 shares of the company’s stock after selling 498 shares during the period. Wealthcare Capital Management LLC’s holdings in Schwab US Broad Market ETF were worth $681,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Foster Victor Wealth Advisors LLC boosted its holdings in Schwab US Broad Market ETF by 1.5% in the second quarter. Foster Victor Wealth Advisors LLC now owns 28,669 shares of the company’s stock worth $691,000 after acquiring an additional 426 shares in the last quarter. ACT Wealth Management LLC raised its position in shares of Schwab US Broad Market ETF by 4.2% during the second quarter. ACT Wealth Management LLC now owns 11,200 shares of the company’s stock worth $267,000 after purchasing an additional 447 shares during the period. AA Financial Advisors LLC lifted its holdings in shares of Schwab US Broad Market ETF by 3.3% in the 2nd quarter. AA Financial Advisors LLC now owns 14,169 shares of the company’s stock worth $338,000 after purchasing an additional 452 shares in the last quarter. Builder Investment Group Inc. ADV grew its position in Schwab US Broad Market ETF by 1.7% in the 2nd quarter. Builder Investment Group Inc. ADV now owns 30,131 shares of the company’s stock valued at $718,000 after purchasing an additional 491 shares during the period. Finally, Apex Wealth Management LLC increased its stake in Schwab US Broad Market ETF by 3.0% during the 1st quarter. Apex Wealth Management LLC now owns 17,518 shares of the company’s stock valued at $377,000 after purchasing an additional 509 shares in the last quarter.
Schwab US Broad Market ETF Trading Up 0.0%
SCHB opened at $25.84 on Friday. Schwab US Broad Market ETF has a 1-year low of $18.52 and a 1-year high of $25.99. The company has a market cap of $37.54 billion, a price-to-earnings ratio of 25.08 and a beta of 1.03. The company’s fifty day moving average price is $25.03 and its two-hundred day moving average price is $23.31.
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.
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