Everhart Financial Group Inc. Has $11.59 Million Holdings in Schwab US Broad Market ETF $SCHB

Everhart Financial Group Inc. cut its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 5.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 400,094 shares of the company’s stock after selling 21,881 shares during the period. Schwab US Broad Market ETF makes up approximately 0.7% of Everhart Financial Group Inc.’s holdings, making the stock its 21st biggest position. Everhart Financial Group Inc.’s holdings in Schwab US Broad Market ETF were worth $11,587,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in SCHB. Financial Life Planners acquired a new position in shares of Schwab US Broad Market ETF during the first quarter valued at about $27,000. Birchwood Financial Partners Inc. bought a new stake in shares of Schwab US Broad Market ETF in the fourth quarter valued at about $28,000. Wiser Advisor Group LLC acquired a new stake in Schwab US Broad Market ETF during the third quarter worth about $29,000. Bayban acquired a new stake in Schwab US Broad Market ETF during the fourth quarter worth about $33,000. Finally, LRI Investments LLC acquired a new stake in Schwab US Broad Market ETF during the fourth quarter worth about $35,000.

Schwab US Broad Market ETF Stock Up 0.8%

Schwab US Broad Market ETF stock opened at $29.90 on Friday. Schwab US Broad Market ETF has a 12 month low of $24.28 and a 12 month high of $30.01. The stock has a market cap of $44.86 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. The business has a 50 day moving average price of $28.89 and a two-hundred day moving average price of $27.52.

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.