Schwab US Broad Market ETF $SCHB Shares Sold by Ellevest Inc.

Ellevest Inc. cut its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 24.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 257,871 shares of the company’s stock after selling 84,098 shares during the quarter. Schwab US Broad Market ETF comprises approximately 1.0% of Ellevest Inc.’s portfolio, making the stock its 21st largest holding. Ellevest Inc.’s holdings in Schwab US Broad Market ETF were worth $6,145,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of SCHB. Brighton Jones LLC raised its holdings in Schwab US Broad Market ETF by 1,209.6% during the fourth 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 in the last quarter. Revolve Wealth Partners LLC raised its holdings in 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 worth $488,000 after purchasing an additional 14,279 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in Schwab US Broad Market ETF by 13.3% during the first quarter. Bank of New York Mellon Corp now owns 106,534 shares of the company’s stock worth $2,294,000 after purchasing an additional 12,535 shares in the last quarter. U.S. Capital Wealth Advisors LLC raised its holdings in Schwab US Broad Market ETF by 21.5% during the first quarter. U.S. Capital Wealth Advisors LLC now owns 16,990 shares of the company’s stock worth $366,000 after purchasing an additional 3,009 shares in the last quarter. Finally, Brown Advisory Inc. raised its holdings in Schwab US Broad Market ETF by 0.6% during the first quarter. Brown Advisory Inc. now owns 2,820,110 shares of the company’s stock worth $60,717,000 after purchasing an additional 16,934 shares in the last quarter.

Schwab US Broad Market ETF Stock Down 1.2%

NYSEARCA SCHB opened at $25.98 on Wednesday. The stock has a market capitalization of $37.80 billion, a P/E ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 52-week low of $18.52 and a 52-week high of $26.57. The firm has a 50-day moving average price of $25.63 and a 200 day moving average price of $24.13.

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.