Valmark Advisers Inc. Has $6.22 Million Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Valmark Advisers Inc. decreased its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 1.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 288,760 shares of the company’s stock after selling 3,619 shares during the period. Valmark Advisers Inc.’s holdings in Schwab US Broad Market ETF were worth $6,217,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the business. Crewe Advisors LLC increased its holdings in shares of Schwab US Broad Market ETF by 2.9% in the 1st quarter. Crewe Advisors LLC now owns 25,878 shares of the company’s stock valued at $557,000 after purchasing an additional 725 shares during the period. Madison Wealth Partners Inc increased its holdings in shares of Schwab US Broad Market ETF by 6.2% in the 1st quarter. Madison Wealth Partners Inc now owns 530,443 shares of the company’s stock valued at $11,420,000 after purchasing an additional 30,916 shares during the period. Cross Staff Investments Inc grew its stake in shares of Schwab US Broad Market ETF by 5.3% in the 1st quarter. Cross Staff Investments Inc now owns 106,442 shares of the company’s stock valued at $2,292,000 after buying an additional 5,356 shares in the last quarter. Axos Invest Inc. grew its stake in shares of Schwab US Broad Market ETF by 3.4% in the 1st quarter. Axos Invest Inc. now owns 166,122 shares of the company’s stock valued at $3,577,000 after buying an additional 5,461 shares in the last quarter. Finally, Envision Financial LLC grew its stake in shares of Schwab US Broad Market ETF by 6.6% in the 1st quarter. Envision Financial LLC now owns 47,476 shares of the company’s stock valued at $1,022,000 after buying an additional 2,960 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of NYSEARCA SCHB opened at $23.00 on Monday. The stock has a market cap of $33.12 billion, a price-to-earnings ratio of 24.59 and a beta of 1.03. The business has a 50 day simple moving average of $22.13 and a 200 day simple moving average of $22.41. Schwab US Broad Market ETF has a 52 week low of $18.53 and a 52 week 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.