Wealthspire Advisors LLC Sells 3,226 Shares of Schwab US Broad Market ETF $SCHB

Wealthspire Advisors LLC cut its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 0.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,000,692 shares of the company’s stock after selling 3,226 shares during the period. Wealthspire Advisors LLC owned approximately 0.07% of Schwab US Broad Market ETF worth $23,846,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Genesee Capital Advisors LLC increased its stake 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 worth $36,088,000 after purchasing an additional 23,607 shares during the period. Allworth Financial LP grew its holdings in shares of Schwab US Broad Market ETF by 0.8% in the second quarter. Allworth Financial LP now owns 1,465,459 shares of the company’s stock worth $34,922,000 after purchasing an additional 12,248 shares during the last quarter. Cetera Investment Advisers grew its holdings in shares of Schwab US Broad Market ETF by 4.9% in the first 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 last quarter. Natixis Advisors LLC increased its stake in shares of Schwab US Broad Market ETF by 20.1% in the first quarter. Natixis Advisors LLC now owns 59,651 shares of the company’s stock worth $1,284,000 after buying an additional 10,002 shares during the period. Finally, Frazier Financial Advisors LLC raised its holdings in Schwab US Broad Market ETF by 18.7% during the 2nd quarter. Frazier Financial Advisors LLC now owns 2,756 shares of the company’s stock valued at $66,000 after buying an additional 434 shares during the last quarter.

Schwab US Broad Market ETF Stock Down 0.7%

Shares of SCHB opened at $25.37 on Wednesday. The stock has a market capitalization of $36.91 billion, a P/E ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a twelve month low of $18.52 and a twelve month high of $26.57. The firm has a fifty day simple moving average of $25.81 and a two-hundred day simple moving average of $24.48.

Schwab US Broad Market ETF 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.