Schwab US Broad Market ETF $SCHB Shares Sold by SNS Financial Group LLC

SNS Financial Group LLC lowered its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 1.3% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,840,257 shares of the company’s stock after selling 24,068 shares during the quarter. Schwab US Broad Market ETF makes up approximately 4.1% of SNS Financial Group LLC’s holdings, making the stock its 6th biggest position. SNS Financial Group LLC owned about 0.13% of Schwab US Broad Market ETF worth $47,313,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC raised its position in Schwab US Broad Market ETF by 1,209.6% during 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 position in Schwab US Broad Market ETF by 197.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 21,510 shares of the company’s stock worth $488,000 after acquiring an additional 14,279 shares in the last quarter. Goldman Sachs Group Inc. grew its position in Schwab US Broad Market ETF by 50.4% in the first quarter. Goldman Sachs Group Inc. now owns 1,549,572 shares of the company’s stock worth $33,362,000 after acquiring an additional 518,984 shares in the last quarter. Schnieders Capital Management LLC. acquired a new position in shares of Schwab US Broad Market ETF during the 2nd quarter worth $218,000. Finally, Bank of Montreal Can increased its stake in shares of Schwab US Broad Market ETF by 13.6% during the 2nd quarter. Bank of Montreal Can now owns 107,050 shares of the company’s stock worth $2,551,000 after purchasing an additional 12,856 shares during the last quarter.

Schwab US Broad Market ETF Trading Down 1.4%

Schwab US Broad Market ETF stock opened at $25.91 on Monday. Schwab US Broad Market ETF has a 1-year low of $18.52 and a 1-year high of $26.94. The firm’s fifty day simple moving average is $26.54 and its 200-day simple moving average is $26.05. The company has a market capitalization of $37.75 billion, a P/E ratio of 25.08 and a beta of 1.02.

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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.