Schwab US Broad Market ETF $SCHB Stock Position Cut by Bouchey Financial Group Ltd.

Bouchey Financial Group Ltd. trimmed its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 1.1% in the 2nd quarter, HoldingsChannel reports. The firm owned 2,424,447 shares of the company’s stock after selling 27,346 shares during the quarter. Schwab US Broad Market ETF accounts for 4.5% of Bouchey Financial Group Ltd.’s portfolio, making the stock its 6th biggest position. Bouchey Financial Group Ltd.’s holdings in Schwab US Broad Market ETF were worth $70,212,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of SCHB. Tidal Investments LLC lifted its holdings in Schwab US Broad Market ETF by 47.4% in the second quarter. Tidal Investments LLC now owns 45,100 shares of the company’s stock worth $1,306,000 after buying an additional 14,512 shares during the period. Capital Analysts LLC raised its position in shares of Schwab US Broad Market ETF by 74.9% in the 2nd quarter. Capital Analysts LLC now owns 48,692 shares of the company’s stock worth $1,410,000 after acquiring an additional 20,858 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC lifted its stake in shares of Schwab US Broad Market ETF by 4.4% in the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 31,359 shares of the company’s stock valued at $908,000 after purchasing an additional 1,323 shares during the period. NorthRock Partners LLC boosted its position in shares of Schwab US Broad Market ETF by 3.9% during the second quarter. NorthRock Partners LLC now owns 34,542 shares of the company’s stock valued at $1,000,000 after purchasing an additional 1,284 shares in the last quarter. Finally, Integrated Wealth Concepts LLC grew its stake in Schwab US Broad Market ETF by 6.0% in the second quarter. Integrated Wealth Concepts LLC now owns 220,987 shares of the company’s stock worth $6,400,000 after purchasing an additional 12,506 shares during the period.

Schwab US Broad Market ETF Trading Down 0.6%

Shares of Schwab US Broad Market ETF stock opened at $29.40 on Thursday. The firm has a market capitalization of $44.11 billion, a P/E ratio of 25.08 and a beta of 1.02. The business has a fifty day simple moving average of $29.32 and a two-hundred day simple moving average of $28.03. Schwab US Broad Market ETF has a 12 month low of $24.28 and a 12 month high of $30.15.

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.