Schwab US Broad Market ETF $SCHB Stock Position Lowered by NewEdge Advisors LLC

NewEdge Advisors LLC decreased its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 22.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 380,770 shares of the company’s stock after selling 110,919 shares during the quarter. NewEdge Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $9,557,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Financial Life Planners bought a new stake in shares of Schwab US Broad Market ETF in the 1st quarter worth approximately $27,000. Birchwood Financial Partners Inc. bought a new stake in Schwab US Broad Market ETF during the fourth quarter worth approximately $28,000. Wiser Advisor Group LLC bought a new stake in Schwab US Broad Market ETF during the third quarter worth approximately $29,000. Bayban acquired a new position in Schwab US Broad Market ETF in the fourth quarter worth approximately $33,000. Finally, LRI Investments LLC acquired a new position in Schwab US Broad Market ETF in the fourth quarter worth approximately $35,000.

Schwab US Broad Market ETF Stock Performance

NYSEARCA SCHB opened at $28.68 on Friday. Schwab US Broad Market ETF has a 1 year low of $23.85 and a 1 year high of $29.35. The business’s fifty day moving average is $28.82 and its two-hundred day moving average is $27.41. The stock has a market capitalization of $43.02 billion, a P/E 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.