Schwab US Broad Market ETF $SCHB Stock Position Lowered by Roundview Capital LLC

Roundview Capital LLC cut its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 2.6% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 1,639,862 shares of the company’s stock after selling 43,725 shares during the quarter. Schwab US Broad Market ETF makes up about 2.6% of Roundview Capital LLC’s investment portfolio, making the stock its 7th largest position. Roundview Capital LLC’s holdings in Schwab US Broad Market ETF were worth $39,078,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Foster Victor Wealth Advisors LLC raised its stake in Schwab US Broad Market ETF by 1.5% in the 2nd quarter. Foster Victor Wealth Advisors LLC now owns 28,669 shares of the company’s stock valued at $691,000 after purchasing an additional 426 shares during the last quarter. SteelPeak Wealth LLC raised its position in shares of Schwab US Broad Market ETF by 2.0% in the second quarter. SteelPeak Wealth LLC now owns 21,842 shares of the company’s stock valued at $521,000 after buying an additional 427 shares during the last quarter. ACT Wealth Management LLC raised its position in shares of Schwab US Broad Market ETF by 4.2% in the second quarter. ACT Wealth Management LLC now owns 11,200 shares of the company’s stock valued at $267,000 after buying an additional 447 shares during the last quarter. AA Financial Advisors LLC raised its position in shares of Schwab US Broad Market ETF by 3.3% in the second quarter. AA Financial Advisors LLC now owns 14,169 shares of the company’s stock valued at $338,000 after buying an additional 452 shares during the last quarter. Finally, Builder Investment Group Inc. ADV raised its position in shares of Schwab US Broad Market ETF by 1.7% in the second quarter. Builder Investment Group Inc. ADV now owns 30,131 shares of the company’s stock valued at $718,000 after buying an additional 491 shares during the last quarter.

Schwab US Broad Market ETF Price Performance

NYSEARCA:SCHB opened at $25.93 on Tuesday. The firm has a 50 day simple moving average of $25.06 and a 200-day simple moving average of $23.35. The firm has a market cap of $37.67 billion, a PE ratio of 25.08 and a beta of 1.03. Schwab US Broad Market ETF has a 1-year low of $18.52 and a 1-year high of $25.99.

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.