NYL Investors LLC Sells 20,600 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

NYL Investors LLC reduced its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 9.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 192,400 shares of the company’s stock after selling 20,600 shares during the period. Schwab US Broad Market ETF makes up about 0.3% of NYL Investors LLC’s investment portfolio, making the stock its 19th largest position. NYL Investors LLC’s holdings in Schwab US Broad Market ETF were worth $4,142,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the business. Baldwin Investment Management LLC bought a new position in Schwab US Broad Market ETF in the 1st quarter worth approximately $415,000. Facet Wealth Inc. grew its holdings in shares of Schwab US Broad Market ETF by 1,445.9% during the 1st quarter. Facet Wealth Inc. now owns 1,052,694 shares of the company’s stock worth $22,843,000 after purchasing an additional 984,599 shares in the last quarter. Sunpointe LLC acquired a new stake in shares of Schwab US Broad Market ETF during the 1st quarter worth approximately $681,000. Passive Capital Management LLC. grew its holdings in shares of Schwab US Broad Market ETF by 1.2% during the 1st quarter. Passive Capital Management LLC. now owns 545,864 shares of the company’s stock worth $11,752,000 after purchasing an additional 6,638 shares in the last quarter. Finally, Ridgewood Investments LLC grew its holdings in shares of Schwab US Broad Market ETF by 91.1% during the 1st quarter. Ridgewood Investments LLC now owns 48,711 shares of the company’s stock worth $1,049,000 after purchasing an additional 23,227 shares in the last quarter.

Schwab US Broad Market ETF Trading Up 0.4%

Shares of NYSEARCA:SCHB opened at $24.59 on Monday. Schwab US Broad Market ETF has a 1-year low of $18.52 and a 1-year high of $24.61. The firm has a market capitalization of $35.46 billion, a PE ratio of 25.08 and a beta of 1.03. The business’s 50 day moving average is $23.45 and its 200-day moving average is $22.57.

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.