Bartlett & CO. Wealth Management LLC Trims Holdings in Schwab US Broad Market ETF $SCHB

Bartlett & CO. Wealth Management LLC decreased its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 0.7% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,045,997 shares of the company’s stock after selling 7,096 shares during the quarter. Bartlett & CO. Wealth Management LLC owned about 0.07% of Schwab US Broad Market ETF worth $24,926,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in SCHB. Christopher J. Hasenberg Inc raised its position in Schwab US Broad Market ETF by 310.6% in the second quarter. Christopher J. Hasenberg Inc now owns 1,084 shares of the company’s stock valued at $26,000 after purchasing an additional 820 shares during the period. Annis Gardner Whiting Capital Advisors LLC purchased a new stake in shares of Schwab US Broad Market ETF in the 1st quarter valued at $25,000. Wealth Preservation Advisors LLC purchased a new stake in shares of Schwab US Broad Market ETF in the 1st quarter valued at $30,000. Curat Global LLC purchased a new stake in shares of Schwab US Broad Market ETF in the 1st quarter valued at $31,000. Finally, Kayne Anderson Rudnick Investment Management LLC purchased a new stake in shares of Schwab US Broad Market ETF in the 1st quarter valued at $32,000.

Schwab US Broad Market ETF Stock Performance

NYSEARCA:SCHB opened at $25.71 on Wednesday. The stock has a 50-day simple moving average of $24.95 and a 200-day simple moving average of $23.23. The stock has a market cap of $37.17 billion, a P/E ratio of 25.08 and a beta of 1.03. Schwab US Broad Market ETF has a 1 year low of $18.52 and a 1 year high of $25.88.

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.