Schwab US Broad Market ETF $SCHB Shares Sold by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC cut its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 4.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 515,890 shares of the company’s stock after selling 21,625 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $12,294,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Foster Victor Wealth Advisors LLC raised its holdings in Schwab US Broad Market ETF by 1.5% in the 2nd quarter. Foster Victor Wealth Advisors LLC now owns 28,669 shares of the company’s stock worth $691,000 after purchasing an additional 426 shares during the period. SteelPeak Wealth LLC raised its holdings in Schwab US Broad Market ETF by 2.0% in the 2nd quarter. SteelPeak Wealth LLC now owns 21,842 shares of the company’s stock worth $521,000 after purchasing an additional 427 shares during the period. ACT Wealth Management LLC raised its holdings in Schwab US Broad Market ETF by 4.2% in the 2nd quarter. ACT Wealth Management LLC now owns 11,200 shares of the company’s stock worth $267,000 after purchasing an additional 447 shares during the period. AA Financial Advisors LLC raised its holdings in Schwab US Broad Market ETF by 3.3% in the 2nd quarter. AA Financial Advisors LLC now owns 14,169 shares of the company’s stock worth $338,000 after purchasing an additional 452 shares during the period. Finally, Builder Investment Group Inc. ADV raised its holdings in Schwab US Broad Market ETF by 1.7% in the 2nd quarter. Builder Investment Group Inc. ADV now owns 30,131 shares of the company’s stock worth $718,000 after purchasing an additional 491 shares during the period.

Schwab US Broad Market ETF Trading Up 1.5%

NYSEARCA SCHB opened at $25.59 on Tuesday. The stock has a market capitalization of $37.19 billion, a price-to-earnings ratio of 25.08 and a beta of 1.03. Schwab US Broad Market ETF has a twelve month low of $18.52 and a twelve month high of $26.01. The stock has a 50-day moving average of $25.20 and a 200 day moving average of $23.48.

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.