Phil A. Younker & Associates Ltd. Sells 77,402 Shares of Schwab US Broad Market ETF $SCHB

Phil A. Younker & Associates Ltd. lowered its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 6.8% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,060,992 shares of the company’s stock after selling 77,402 shares during the quarter. Schwab US Broad Market ETF accounts for about 17.8% of Phil A. Younker & Associates Ltd.’s holdings, making the stock its 2nd biggest position. Phil A. Younker & Associates Ltd. owned about 0.07% of Schwab US Broad Market ETF worth $26,631,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in SCHB. Rebalance LLC lifted its stake in shares of Schwab US Broad Market ETF by 3.3% in the fourth quarter. Rebalance LLC now owns 14,963,211 shares of the company’s stock valued at $392,485,000 after purchasing an additional 483,144 shares during the period. HighTower Advisors LLC lifted its position in shares of Schwab US Broad Market ETF by 11.0% during the 4th quarter. HighTower Advisors LLC now owns 8,631,797 shares of the company’s stock valued at $226,412,000 after acquiring an additional 854,800 shares during the period. Bouchey Financial Group Ltd lifted its position in shares of Schwab US Broad Market ETF by 0.5% during the 3rd quarter. Bouchey Financial Group Ltd now owns 8,318,386 shares of the company’s stock valued at $213,866,000 after acquiring an additional 42,459 shares during the period. Hanson & Doremus Investment Management boosted its stake in shares of Schwab US Broad Market ETF by 0.5% during the 1st quarter. Hanson & Doremus Investment Management now owns 7,041,153 shares of the company’s stock worth $176,733,000 after acquiring an additional 33,281 shares in the last quarter. Finally, Evergreen Advisors LLC purchased a new stake in shares of Schwab US Broad Market ETF during the 4th quarter worth approximately $161,772,000.

Schwab US Broad Market ETF Price Performance

SCHB opened at $28.48 on Wednesday. Schwab US Broad Market ETF has a 1-year low of $23.35 and a 1-year high of $29.35. The stock has a market cap of $42.11 billion, a P/E ratio of 25.08 and a beta of 1.02. The stock’s 50 day simple moving average is $28.30 and its 200 day simple moving average is $26.95.

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.