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

Milestone Investment Advisors LLC reduced its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 4.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 541,444 shares of the company’s stock after selling 22,878 shares during the period. Schwab US Broad Market ETF makes up 3.4% of Milestone Investment Advisors LLC’s holdings, making the stock its 6th largest position. Milestone Investment Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $14,202,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Financial Life Planners acquired a new position in shares of Schwab US Broad Market ETF during the third quarter valued at about $27,000. Wiser Advisor Group LLC purchased a new stake in Schwab US Broad Market ETF during the 3rd quarter worth approximately $29,000. LRI Investments LLC purchased a new stake in Schwab US Broad Market ETF during the 4th quarter worth approximately $35,000. Basepoint Wealth LLC acquired a new position in Schwab US Broad Market ETF during the 4th quarter valued at approximately $38,000. Finally, Godfrey Financial Associates Inc. acquired a new position in Schwab US Broad Market ETF during the 4th quarter valued at approximately $51,000.

Schwab US Broad Market ETF Stock Performance

NYSEARCA:SCHB opened at $28.45 on Monday. Schwab US Broad Market ETF has a 12 month low of $22.88 and a 12 month high of $29.35. The firm has a fifty day simple moving average of $27.50 and a 200-day simple moving average of $26.71. The company has a market capitalization of $42.07 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.