Values Added Financial LLC Cuts Stake in Schwab US Broad Market ETF $SCHB

Values Added Financial LLC reduced its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 1.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 102,005 shares of the company’s stock after selling 1,138 shares during the period. Schwab US Broad Market ETF accounts for about 1.2% of Values Added Financial LLC’s investment portfolio, making the stock its 25th largest position. Values Added Financial LLC’s holdings in Schwab US Broad Market ETF were worth $2,431,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of SCHB. Brighton Jones LLC lifted its holdings in shares of Schwab US Broad Market ETF by 1,209.6% during the 4th quarter. Brighton Jones LLC now owns 228,625 shares of the company’s stock worth $5,190,000 after acquiring an additional 211,168 shares during the period. Revolve Wealth Partners LLC lifted its holdings in shares of Schwab US Broad Market ETF by 197.5% during the 4th quarter. Revolve Wealth Partners LLC now owns 21,510 shares of the company’s stock worth $488,000 after acquiring an additional 14,279 shares during the period. GAMMA Investing LLC increased its position in Schwab US Broad Market ETF by 2,053.0% during the 1st quarter. GAMMA Investing LLC now owns 31,132 shares of the company’s stock worth $670,000 after purchasing an additional 29,686 shares in the last quarter. Park Avenue Securities LLC increased its position in Schwab US Broad Market ETF by 3.4% during the 1st 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 in the last quarter. Finally, Capital Investment Advisors LLC increased its position in Schwab US Broad Market ETF by 22.2% during the 1st quarter. Capital Investment Advisors LLC now owns 17,200 shares of the company’s stock worth $370,000 after purchasing an additional 3,120 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

SCHB opened at $25.98 on Thursday. The firm has a 50 day moving average price of $25.12 and a 200 day moving average price of $23.39. The company has a market cap of $37.75 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.

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.