Evensky & Katz LLC Sells 175,630 Shares of Schwab US Broad Market ETF $SCHB

Evensky & Katz LLC cut its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 2.2% during the 3rd quarter, Holdings Channel.com reports. The firm owned 7,811,427 shares of the company’s stock after selling 175,630 shares during the quarter. Schwab US Broad Market ETF makes up approximately 12.0% of Evensky & Katz LLC’s portfolio, making the stock its 3rd biggest holding. Evensky & Katz LLC’s holdings in Schwab US Broad Market ETF were worth $228,953,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. NWK Group Inc. raised its position in shares of Schwab US Broad Market ETF by 23.0% in the 1st quarter. NWK Group Inc. now owns 1,897 shares of the company’s stock valued at $48,000 after purchasing an additional 355 shares in the last quarter. Greenleaf Trust grew its position in shares of Schwab US Broad Market ETF by 0.9% during the second quarter. Greenleaf Trust now owns 40,725 shares of the company’s stock worth $1,179,000 after buying an additional 375 shares in the last quarter. NerdWallet Wealth Partners LLC grew its position in shares of Schwab US Broad Market ETF by 4.5% during the first quarter. NerdWallet Wealth Partners LLC now owns 9,017 shares of the company’s stock worth $226,000 after buying an additional 385 shares in the last quarter. Selby Wealth Management LLC grew its position in shares of Schwab US Broad Market ETF by 0.3% during the third quarter. Selby Wealth Management LLC now owns 130,852 shares of the company’s stock worth $3,835,000 after buying an additional 394 shares in the last quarter. Finally, Wealthgarden F.S. LLC increased its stake in shares of Schwab US Broad Market ETF by 1.2% in the first quarter. Wealthgarden F.S. LLC now owns 34,107 shares of the company’s stock worth $856,000 after buying an additional 395 shares during the last quarter.

Schwab US Broad Market ETF Trading Up 0.6%

Shares of NYSEARCA:SCHB opened at $29.58 on Wednesday. The company has a fifty day simple moving average of $29.56 and a 200 day simple moving average of $28.08. The firm has a market cap of $44.95 billion, a PE ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 12-month low of $24.28 and a 12-month high of $30.15.

Schwab US Broad Market ETF Company 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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.