Spire Wealth Management Sells 17,138 Shares of Schwab US Broad Market ETF $SCHB

Spire Wealth Management reduced its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 64.7% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 9,333 shares of the company’s stock after selling 17,138 shares during the quarter. Spire Wealth Management’s holdings in Schwab US Broad Market ETF were worth $222,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in SCHB. Annis Gardner Whiting Capital Advisors LLC bought a new stake in shares of Schwab US Broad Market ETF during the 1st quarter valued at about $25,000. Christopher J. Hasenberg Inc grew its stake in shares of Schwab US Broad Market ETF by 310.6% during the 2nd 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. Wealth Preservation Advisors LLC bought a new stake in shares of Schwab US Broad Market ETF during the 1st quarter valued at about $30,000. Kayne Anderson Rudnick Investment Management LLC purchased a new position in Schwab US Broad Market ETF during the first quarter valued at $32,000. Finally, Brooklyn Investment Group purchased a new position in Schwab US Broad Market ETF during the first quarter valued at $49,000.

Schwab US Broad Market ETF Stock Performance

NYSEARCA SCHB opened at $26.30 on Tuesday. The company has a market capitalization of $38.26 billion, a PE ratio of 25.08 and a beta of 1.02. The business’s fifty day moving average is $25.60 and its 200 day moving average is $24.09. Schwab US Broad Market ETF has a fifty-two week low of $18.52 and a fifty-two week high of $26.57.

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.