Schwab US Broad Market ETF $SCHB Shares Sold by NewEdge Advisors LLC

NewEdge Advisors LLC trimmed its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 4.4% in the 1st quarter, HoldingsChannel reports. The firm owned 470,267 shares of the company’s stock after selling 21,422 shares during the period. NewEdge Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $11,804,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of SCHB. NWK Group Inc. raised its position in Schwab US Broad Market ETF by 23.0% in the 1st quarter. NWK Group Inc. now owns 1,897 shares of the company’s stock valued at $48,000 after purchasing an additional 355 shares in the last quarter. NerdWallet Wealth Partners LLC increased its stake in shares of Schwab US Broad Market ETF by 4.5% during the first quarter. NerdWallet Wealth Partners LLC now owns 9,017 shares of the company’s stock worth $226,000 after buying an additional 385 shares during the period. GeoWealth Management LLC increased its stake in shares of Schwab US Broad Market ETF by 0.4% during the third quarter. GeoWealth Management LLC now owns 100,043 shares of the company’s stock worth $2,572,000 after buying an additional 388 shares during the period. Wealthgarden F.S. LLC increased its stake in shares of Schwab US Broad Market ETF by 1.2% during the first quarter. Wealthgarden F.S. LLC now owns 34,107 shares of the company’s stock worth $856,000 after buying an additional 395 shares during the period. Finally, LifeSteps Financial Inc. raised its holdings in Schwab US Broad Market ETF by 2.9% in the first quarter. LifeSteps Financial Inc. now owns 15,178 shares of the company’s stock valued at $381,000 after acquiring an additional 423 shares in the last quarter.

Schwab US Broad Market ETF Stock Up 0.8%

Shares of Schwab US Broad Market ETF stock opened at $29.90 on Friday. Schwab US Broad Market ETF has a 52-week low of $24.28 and a 52-week high of $30.01. The company has a 50 day moving average of $28.89 and a 200 day moving average of $27.52. The company has a market capitalization of $44.86 billion, a P/E ratio of 25.08 and a beta of 1.02.

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