JFS Wealth Advisors LLC Lowers Position in Schwab US Broad Market ETF $SCHB

JFS Wealth Advisors LLC lessened its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 6.6% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 298,171 shares of the company’s stock after selling 20,974 shares during the quarter. JFS Wealth Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $7,105,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Christopher J. Hasenberg Inc lifted its stake in shares of Schwab US Broad Market ETF by 310.6% in 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. Annis Gardner Whiting Capital Advisors LLC purchased a new position in Schwab US Broad Market ETF during the first quarter valued at $25,000. Wealth Preservation Advisors LLC purchased a new position in Schwab US Broad Market ETF during the first quarter valued at $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 Trading Down 2.7%

Shares of NYSEARCA:SCHB opened at $25.20 on Friday. The stock has a fifty day simple moving average of $25.17 and a two-hundred day simple moving average of $23.43. The stock has a market capitalization of $36.63 billion, a price-to-earnings ratio of 25.08 and a beta of 1.03. Schwab US Broad Market ETF has a 12-month low of $18.52 and a 12-month high of $26.01.

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.