SeaCrest Wealth Management LLC Sells 5,098 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

SeaCrest Wealth Management LLC decreased its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 5.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 84,265 shares of the company’s stock after selling 5,098 shares during the quarter. SeaCrest Wealth Management LLC’s holdings in Schwab US Broad Market ETF were worth $4,607,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in SCHB. Capital Investment Advisors LLC raised its stake in Schwab US Broad Market ETF by 4.1% in the fourth quarter. Capital Investment Advisors LLC now owns 4,888 shares of the company’s stock worth $272,000 after buying an additional 192 shares in the last quarter. Ritholtz Wealth Management raised its position in shares of Schwab US Broad Market ETF by 0.9% in the 3rd quarter. Ritholtz Wealth Management now owns 21,628 shares of the company’s stock worth $1,078,000 after acquiring an additional 203 shares in the last quarter. Abacus Planning Group Inc. lifted its stake in shares of Schwab US Broad Market ETF by 2.3% during the 3rd quarter. Abacus Planning Group Inc. now owns 9,297 shares of the company’s stock worth $463,000 after purchasing an additional 211 shares during the last quarter. Hendershot Investments Inc. boosted its position in Schwab US Broad Market ETF by 0.8% during the third quarter. Hendershot Investments Inc. now owns 27,652 shares of the company’s stock valued at $1,378,000 after purchasing an additional 211 shares in the last quarter. Finally, Foster Victor Wealth Advisors LLC grew its stake in Schwab US Broad Market ETF by 3.0% in the third quarter. Foster Victor Wealth Advisors LLC now owns 7,386 shares of the company’s stock valued at $369,000 after purchasing an additional 212 shares during the last quarter.

Schwab US Broad Market ETF Price Performance

Shares of SCHB stock traded up $0.04 during mid-day trading on Friday, hitting $61.05. 809,561 shares of the stock traded hands, compared to its average volume of 850,581. The stock’s fifty day moving average is $58.72 and its two-hundred day moving average is $54.50. Schwab US Broad Market ETF has a 52-week low of $46.57 and a 52-week high of $61.18. The stock has a market cap of $27.19 billion, a P/E ratio of 17.59 and a beta of 1.03.

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.