964,442 Schwab US Broad Market ETF $SCHB Shares Sold by Triangle Securities Wealth Management

Triangle Securities Wealth Management reduced its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 88.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 123,023 shares of the company’s stock after selling 964,442 shares during the period. Triangle Securities Wealth Management’s holdings in Schwab US Broad Market ETF were worth $3,606,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Hanson & Doremus Investment Management boosted its stake in shares of Schwab US Broad Market ETF by 0.5% during the 1st quarter. Hanson & Doremus Investment Management now owns 7,041,153 shares of the company’s stock worth $176,733,000 after acquiring an additional 33,281 shares in the last quarter. Forvis Mazars Wealth Advisors LLC acquired a new position in shares of Schwab US Broad Market ETF during the 3rd quarter valued at about $175,355,000. Evergreen Advisors LLC increased its holdings in shares of Schwab US Broad Market ETF by 1.8% during the 1st quarter. Evergreen Advisors LLC now owns 6,280,152 shares of the company’s stock valued at $157,632,000 after acquiring an additional 112,717 shares during the last quarter. HHM Wealth Advisors LLC increased its holdings in shares of Schwab US Broad Market ETF by 2.2% during the 1st quarter. HHM Wealth Advisors LLC now owns 5,146,591 shares of the company’s stock valued at $129,179,000 after acquiring an additional 108,943 shares during the last quarter. Finally, Captrust Financial Advisors raised its stake in shares of Schwab US Broad Market ETF by 25.1% in the 4th quarter. Captrust Financial Advisors now owns 4,236,900 shares of the company’s stock valued at $111,134,000 after acquiring an additional 849,417 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB stock opened at $29.50 on Thursday. The stock’s 50 day simple moving average is $29.64 and its 200 day simple moving average is $28.67. Schwab US Broad Market ETF has a twelve month low of $24.28 and a twelve month high of $30.15. The company has a market capitalization of $44.76 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02.

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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.