LexAurum Advisors LLC Sells 33,708 Shares of Schwab US Broad Market ETF $SCHB

LexAurum Advisors LLC cut its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 33.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 66,332 shares of the company’s stock after selling 33,708 shares during the period. LexAurum Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $1,705,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. ARS Wealth Advisors Group LLC lifted its holdings in shares of Schwab US Broad Market ETF by 4.3% during the third quarter. ARS Wealth Advisors Group LLC now owns 9,779 shares of the company’s stock worth $251,000 after purchasing an additional 405 shares during the period. Blue Trust Inc. raised its position in Schwab US Broad Market ETF by 1.9% during the 3rd quarter. Blue Trust Inc. now owns 22,375 shares of the company’s stock worth $575,000 after purchasing an additional 414 shares during the last quarter. Summit Place Financial Advisors LLC lifted its holdings in Schwab US Broad Market ETF by 1.1% during the 3rd quarter. Summit Place Financial Advisors LLC now owns 40,789 shares of the company’s stock worth $1,049,000 after buying an additional 425 shares during the period. Triangle Securities Wealth Management grew its position in shares of Schwab US Broad Market ETF by 0.4% in the 3rd quarter. Triangle Securities Wealth Management now owns 117,174 shares of the company’s stock valued at $3,013,000 after buying an additional 431 shares during the last quarter. Finally, Frazier Financial Advisors LLC increased its stake in shares of Schwab US Broad Market ETF by 18.7% in the second quarter. Frazier Financial Advisors LLC now owns 2,756 shares of the company’s stock valued at $66,000 after buying an additional 434 shares during the period.

Schwab US Broad Market ETF Price Performance

Shares of SCHB opened at $26.67 on Monday. The business has a 50-day moving average of $26.49 and a 200-day moving average of $25.78. The company has a market capitalization of $38.86 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 1 year low of $18.52 and a 1 year high of $26.94.

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.