Gilbert & Cook Inc. Decreases Position in Schwab US Broad Market ETF $SCHB

Gilbert & Cook Inc. trimmed its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 21.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 18,979 shares of the company’s stock after selling 5,296 shares during the period. Gilbert & Cook Inc.’s holdings in Schwab US Broad Market ETF were worth $452,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Brighton Jones LLC increased its stake in Schwab US Broad Market ETF by 1,209.6% in the 4th quarter. Brighton Jones LLC now owns 228,625 shares of the company’s stock worth $5,190,000 after purchasing an additional 211,168 shares during the period. Revolve Wealth Partners LLC boosted its stake in shares of Schwab US Broad Market ETF by 197.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 21,510 shares of the company’s stock valued at $488,000 after purchasing an additional 14,279 shares during the period. Truist Financial Corp grew its holdings in shares of Schwab US Broad Market ETF by 9.6% in the first quarter. Truist Financial Corp now owns 1,946,735 shares of the company’s stock worth $41,913,000 after purchasing an additional 170,578 shares during the last quarter. Bank of New York Mellon Corp increased its stake in shares of Schwab US Broad Market ETF by 13.3% in the first quarter. Bank of New York Mellon Corp now owns 106,534 shares of the company’s stock worth $2,294,000 after buying an additional 12,535 shares during the period. Finally, Apex Wealth Management LLC increased its stake in shares of Schwab US Broad Market ETF by 3.0% in the first quarter. Apex Wealth Management LLC now owns 17,518 shares of the company’s stock worth $377,000 after buying an additional 509 shares during the period.

Schwab US Broad Market ETF Stock Up 0.4%

Shares of SCHB opened at $26.28 on Monday. The stock has a market capitalization of $38.23 billion, a P/E ratio of 25.08 and a beta of 1.02. The firm has a fifty day simple moving average of $25.57 and a two-hundred day simple moving average of $24.05. Schwab US Broad Market ETF has a twelve month low of $18.52 and a twelve month high of $26.57.

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.