HORAN Wealth LLC Sells 523,474 Shares of Schwab US Broad Market ETF $SCHB

HORAN Wealth LLC cut its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 49.8% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 527,998 shares of the company’s stock after selling 523,474 shares during the quarter. Schwab US Broad Market ETF makes up approximately 1.9% of HORAN Wealth LLC’s holdings, making the stock its 11th biggest holding. HORAN Wealth LLC’s holdings in Schwab US Broad Market ETF were worth $15,291,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Lawood & Co. purchased a new stake in Schwab US Broad Market ETF in the fourth quarter worth about $879,000. Destination Wealth Management increased its position in Schwab US Broad Market ETF by 60.2% during the 4th quarter. Destination Wealth Management now owns 402,252 shares of the company’s stock valued at $10,551,000 after purchasing an additional 151,217 shares during the period. Hamilton Wealth LLC purchased a new position in Schwab US Broad Market ETF during the 4th quarter valued at about $1,108,000. HHM Wealth Advisors LLC raised its holdings in shares of Schwab US Broad Market ETF by 2.2% in the 1st quarter. HHM Wealth Advisors LLC now owns 5,146,591 shares of the company’s stock valued at $129,179,000 after purchasing an additional 108,943 shares in the last quarter. Finally, Robinson Smith Wealth Advisors LLC raised its holdings in shares of Schwab US Broad Market ETF by 5.3% in the 4th quarter. Robinson Smith Wealth Advisors LLC now owns 1,073,612 shares of the company’s stock valued at $28,161,000 after purchasing an additional 54,271 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

NYSEARCA SCHB opened at $29.73 on Monday. The firm’s 50 day moving average price is $29.28 and its 200-day moving average price is $27.97. Schwab US Broad Market ETF has a 52-week low of $24.28 and a 52-week high of $30.15. The company has a market cap of $44.60 billion, a PE ratio of 25.08 and a beta of 1.02.

Schwab US Broad Market ETF Company 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.