Empirical Financial Services LLC d.b.a. Empirical Wealth Management Has $2.86 Million Holdings in Schwab US Broad Market ETF $SCHB

Empirical Financial Services LLC d.b.a. Empirical Wealth Management cut its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 0.9% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 120,000 shares of the company’s stock after selling 1,082 shares during the quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in Schwab US Broad Market ETF were worth $2,860,000 at the end of the most recent quarter.

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

Schwab US Broad Market ETF Trading Up 0.0%

NYSEARCA:SCHB opened at $25.84 on Friday. The stock has a market capitalization of $37.54 billion, a price-to-earnings ratio of 25.08 and a beta of 1.03. The firm has a fifty day simple moving average of $25.03 and a two-hundred day simple moving average of $23.30. Schwab US Broad Market ETF has a 12 month low of $18.52 and a 12 month high of $25.99.

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.