Milestones Private Investment Advisors LLC Sells 116,720 Shares of Schwab US Broad Market ETF $SCHB

Milestones Private Investment Advisors LLC lessened its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 75.7% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 37,466 shares of the company’s stock after selling 116,720 shares during the quarter. Milestones Private Investment Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $940,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in SCHB. Evergreen Advisors LLC purchased a new position in shares of Schwab US Broad Market ETF during the fourth quarter valued at approximately $161,772,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in Schwab US Broad Market ETF in the fourth quarter worth approximately $77,479,000. Boulder Wealth Advisors LLC purchased a new stake in Schwab US Broad Market ETF in the third quarter worth approximately $40,435,000. Appalachian Capital Management Ltd bought a new stake in Schwab US Broad Market ETF in the 4th quarter worth approximately $40,815,000. Finally, Focus Partners Wealth grew its position in Schwab US Broad Market ETF by 130.3% in the 4th quarter. Focus Partners Wealth now owns 2,626,053 shares of the company’s stock worth $68,881,000 after purchasing an additional 1,485,838 shares during the period.

Schwab US Broad Market ETF Trading Down 0.8%

Shares of SCHB opened at $28.96 on Tuesday. The firm has a market cap of $43.25 billion, a PE ratio of 25.08 and a beta of 1.02. The firm has a fifty day simple moving average of $28.73 and a two-hundred day simple moving average of $27.20. Schwab US Broad Market ETF has a 1-year low of $23.83 and a 1-year high of $29.35.

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.