Traphagen Investment Advisors LLC Sells 3,886 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Traphagen Investment Advisors LLC decreased its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 4.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 87,419 shares of the company’s stock after selling 3,886 shares during the period. Traphagen Investment Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $1,882,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of SCHB. Brooklyn FI LLC increased its holdings in shares of Schwab US Broad Market ETF by 17,756.0% in the 4th quarter. Brooklyn FI LLC now owns 23,155,242 shares of the company’s stock worth $576,012,000 after purchasing an additional 23,025,564 shares in the last quarter. Betterment LLC increased its holdings in shares of Schwab US Broad Market ETF by 193.5% in the 4th quarter. Betterment LLC now owns 17,773,620 shares of the company’s stock worth $403,461,000 after purchasing an additional 11,718,291 shares in the last quarter. Rebalance LLC increased its holdings in shares of Schwab US Broad Market ETF by 199.9% in the 4th quarter. Rebalance LLC now owns 11,471,005 shares of the company’s stock worth $260,392,000 after purchasing an additional 7,646,591 shares in the last quarter. SCS Capital Management LLC increased its holdings in shares of Schwab US Broad Market ETF by 170.1% in the 4th quarter. SCS Capital Management LLC now owns 10,204,017 shares of the company’s stock worth $231,631,000 after purchasing an additional 6,426,551 shares in the last quarter. Finally, Evensky & Katz LLC increased its holdings in shares of Schwab US Broad Market ETF by 187.7% in the 4th quarter. Evensky & Katz LLC now owns 9,325,113 shares of the company’s stock worth $211,680,000 after purchasing an additional 6,084,141 shares in the last quarter.

Schwab US Broad Market ETF Trading Down 1.2%

Schwab US Broad Market ETF stock opened at $23.01 on Monday. The firm has a market cap of $33.13 billion, a price-to-earnings ratio of 23.87 and a beta of 1.03. The stock has a fifty day simple moving average of $21.85 and a two-hundred day simple moving average of $22.43. Schwab US Broad Market ETF has a 12 month low of $18.53 and a 12 month high of $23.77.

Schwab US Broad Market ETF 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.