Schwab US Broad Market ETF $SCHB Holdings Lessened by Madison Wealth Partners Inc

Madison Wealth Partners Inc lowered its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 2.8% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 515,735 shares of the company’s stock after selling 14,708 shares during the period. Schwab US Broad Market ETF comprises about 2.7% of Madison Wealth Partners Inc’s holdings, making the stock its 9th largest position. Madison Wealth Partners Inc’s holdings in Schwab US Broad Market ETF were worth $12,290,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Stratos Wealth Partners LTD. lifted its stake in Schwab US Broad Market ETF by 5.3% in the first quarter. Stratos Wealth Partners LTD. now owns 24,351 shares of the company’s stock valued at $524,000 after buying an additional 1,220 shares during the last quarter. Genesee Capital Advisors LLC raised its position in Schwab US Broad Market ETF by 1.6% in the 2nd quarter. Genesee Capital Advisors LLC now owns 1,514,413 shares of the company’s stock valued at $36,088,000 after purchasing an additional 23,607 shares during the last quarter. Cetera Investment Advisers boosted its stake in Schwab US Broad Market ETF by 4.9% during the 1st quarter. Cetera Investment Advisers now owns 587,930 shares of the company’s stock worth $12,658,000 after purchasing an additional 27,325 shares during the period. Blue Trust Inc. boosted its stake in Schwab US Broad Market ETF by 122.5% during the 1st quarter. Blue Trust Inc. now owns 21,926 shares of the company’s stock worth $472,000 after purchasing an additional 12,071 shares during the period. Finally, J Hagan Capital Inc. purchased a new position in Schwab US Broad Market ETF during the 1st quarter worth $2,768,000.

Schwab US Broad Market ETF Stock Performance

Shares of NYSEARCA:SCHB opened at $25.63 on Monday. The company has a 50-day simple moving average of $25.29 and a 200-day simple moving average of $23.60. Schwab US Broad Market ETF has a one year low of $18.52 and a one year high of $26.01. The stock has a market capitalization of $37.25 billion, a price-to-earnings ratio of 25.08 and a beta of 1.03.

Schwab US Broad Market ETF Company 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.