Dock Street Asset Management Inc. Sells 1,582 Shares of Schwab US Broad Market ETF $SCHB

Dock Street Asset Management Inc. decreased its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 4.1% during the 2nd quarter, Holdings Channel.com reports. The fund owned 37,019 shares of the company’s stock after selling 1,582 shares during the quarter. Dock Street Asset Management Inc.’s holdings in Schwab US Broad Market ETF were worth $882,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in SCHB. Kingstone Capital Partners Texas LLC bought a new position in Schwab US Broad Market ETF in the 2nd quarter valued at about $161,574,000. Kestra Advisory Services LLC lifted its position in Schwab US Broad Market ETF by 1,807.0% in the 1st quarter. Kestra Advisory Services LLC now owns 2,008,516 shares of the company’s stock valued at $47,421,000 after acquiring an additional 1,903,192 shares in the last quarter. Capital Management Associates Inc lifted its position in Schwab US Broad Market ETF by 107.6% in the 1st quarter. Capital Management Associates Inc now owns 3,527,282 shares of the company’s stock valued at $75,942,000 after acquiring an additional 1,828,084 shares in the last quarter. SCS Capital Management LLC lifted its position in Schwab US Broad Market ETF by 16.6% in the 1st quarter. SCS Capital Management LLC now owns 11,901,176 shares of the company’s stock valued at $256,232,000 after acquiring an additional 1,697,159 shares in the last quarter. Finally, Rebalance LLC lifted its position in Schwab US Broad Market ETF by 10.1% in the 2nd quarter. Rebalance LLC now owns 13,159,188 shares of the company’s stock valued at $313,583,000 after acquiring an additional 1,209,350 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of NYSEARCA SCHB opened at $25.58 on Wednesday. Schwab US Broad Market ETF has a fifty-two week low of $18.52 and a fifty-two week high of $26.01. The stock has a market cap of $37.18 billion, a price-to-earnings ratio of 25.08 and a beta of 1.03. The firm’s 50-day simple moving average is $25.22 and its 200 day simple moving average is $23.50.

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.