Kestra Advisory Services LLC Sells 30,882 Shares of Schwab US Broad Market ETF $SCHB

Kestra Advisory Services LLC trimmed its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 4.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 645,431 shares of the company’s stock after selling 30,882 shares during the quarter. Kestra Advisory Services LLC’s holdings in Schwab US Broad Market ETF were worth $18,918,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SCHB. Hengehold Capital Management LLC acquired a new stake in shares of Schwab US Broad Market ETF during the third quarter worth $222,931,000. Forvis Mazars Wealth Advisors LLC acquired a new stake in Schwab US Broad Market ETF during the third quarter worth approximately $175,355,000. Cliftonlarsonallen Wealth Advisors LLC acquired a new position in Schwab US Broad Market ETF in the third quarter valued at approximately $72,509,000. Legacy Private Trust Co. bought a new position in shares of Schwab US Broad Market ETF during the 3rd quarter worth approximately $36,626,000. Finally, SYM FINANCIAL Corp acquired a new stake in shares of Schwab US Broad Market ETF during the 3rd quarter worth approximately $34,824,000.

Schwab US Broad Market ETF Price Performance

Schwab US Broad Market ETF stock opened at $28.30 on Monday. The company has a market capitalization of $43.10 billion, a PE ratio of 25.08 and a beta of 1.02. The firm’s fifty day moving average is $29.46 and its 200 day moving average is $28.17. Schwab US Broad Market ETF has a 12-month low of $24.28 and a 12-month high of $30.15.

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.