Schwab US Broad Market ETF $SCHB Shares Sold by Van Cleef Asset Management Inc

Van Cleef Asset Management Inc lowered its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 5.9% in the second quarter, Holdings Channel.com reports. The institutional investor owned 84,793 shares of the company’s stock after selling 5,355 shares during the quarter. Van Cleef Asset Management Inc’s holdings in Schwab US Broad Market ETF were worth $2,021,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Brighton Jones LLC grew its position in Schwab US Broad Market ETF by 1,209.6% in the fourth quarter. Brighton Jones LLC now owns 228,625 shares of the company’s stock valued at $5,190,000 after acquiring an additional 211,168 shares in the last quarter. Revolve Wealth Partners LLC grew its holdings in Schwab US Broad Market ETF by 197.5% during the 4th quarter. Revolve Wealth Partners LLC now owns 21,510 shares of the company’s stock valued at $488,000 after purchasing an additional 14,279 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in Schwab US Broad Market ETF by 13.3% during the 1st quarter. Bank of New York Mellon Corp now owns 106,534 shares of the company’s stock valued at $2,294,000 after purchasing an additional 12,535 shares in the last quarter. U.S. Capital Wealth Advisors LLC increased its stake in Schwab US Broad Market ETF by 21.5% during the 1st quarter. U.S. Capital Wealth Advisors LLC now owns 16,990 shares of the company’s stock worth $366,000 after buying an additional 3,009 shares during the period. Finally, Stratos Wealth Partners LTD. lifted its holdings in Schwab US Broad Market ETF by 5.3% in the 1st quarter. Stratos Wealth Partners LTD. now owns 24,351 shares of the company’s stock worth $524,000 after buying an additional 1,220 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

NYSEARCA:SCHB opened at $25.84 on Friday. The firm has a 50-day moving average of $25.68 and a two-hundred day moving average of $24.20. The stock has a market cap of $37.59 billion, a P/E ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 1-year low of $18.52 and a 1-year high of $26.57.

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.