Schwab US Broad Market ETF $SCHB Stake Decreased by Intelligence Driven Advisers LLC

Intelligence Driven Advisers LLC lessened its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 2.2% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,017,155 shares of the company’s stock after selling 23,170 shares during the period. Schwab US Broad Market ETF comprises about 3.6% of Intelligence Driven Advisers LLC’s holdings, making the stock its 9th biggest position. Intelligence Driven Advisers LLC owned about 0.07% of Schwab US Broad Market ETF worth $26,151,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in SCHB. Avantax Advisory Services Inc. raised its stake in shares of Schwab US Broad Market ETF by 3.4% in the second quarter. Avantax Advisory Services Inc. now owns 81,215 shares of the company’s stock valued at $1,935,000 after buying an additional 2,664 shares during the period. Boyum Wealth Architects LLC increased its holdings in Schwab US Broad Market ETF by 10.3% in the 3rd quarter. Boyum Wealth Architects LLC now owns 1,225,521 shares of the company’s stock worth $31,508,000 after acquiring an additional 114,806 shares during the last quarter. SCS Capital Management LLC raised its stake in Schwab US Broad Market ETF by 2.7% in the 2nd quarter. SCS Capital Management LLC now owns 12,223,396 shares of the company’s stock valued at $291,284,000 after acquiring an additional 322,220 shares during the period. Cambridge Financial Group LLC lifted its holdings in Schwab US Broad Market ETF by 43.8% during the second quarter. Cambridge Financial Group LLC now owns 189,882 shares of the company’s stock valued at $4,525,000 after purchasing an additional 57,856 shares during the last quarter. Finally, Weaver Capital Management LLC bought a new position in Schwab US Broad Market ETF during the third quarter worth about $35,322,000.

Schwab US Broad Market ETF Stock Up 0.6%

SCHB opened at $26.62 on Monday. The firm has a 50-day moving average price of $26.52 and a 200-day moving average price of $25.93. Schwab US Broad Market ETF has a twelve month low of $18.52 and a twelve month high of $26.94. The company has a market capitalization of $38.79 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.