Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Sold by Pacific Capital Wealth Advisors Inc.

Pacific Capital Wealth Advisors Inc. trimmed its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 23.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 38,704 shares of the company’s stock after selling 11,646 shares during the period. Schwab US Broad Market ETF makes up about 0.5% of Pacific Capital Wealth Advisors Inc.’s portfolio, making the stock its 27th biggest position. Pacific Capital Wealth Advisors Inc.’s holdings in Schwab US Broad Market ETF were worth $2,155,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in SCHB. HighTower Advisors LLC grew its stake in shares of Schwab US Broad Market ETF by 74.8% during the 3rd quarter. HighTower Advisors LLC now owns 1,822,524 shares of the company’s stock worth $90,783,000 after purchasing an additional 779,722 shares during the period. Compass Advisory Group LLC raised its position in shares of Schwab US Broad Market ETF by 384.5% in the fourth quarter. Compass Advisory Group LLC now owns 730,442 shares of the company’s stock worth $40,664,000 after acquiring an additional 579,689 shares during the period. GSG Advisors LLC acquired a new position in shares of Schwab US Broad Market ETF in the third quarter worth about $15,503,000. Cerity Partners LLC boosted its stake in shares of Schwab US Broad Market ETF by 259.7% during the 4th quarter. Cerity Partners LLC now owns 394,955 shares of the company’s stock worth $21,987,000 after acquiring an additional 285,145 shares in the last quarter. Finally, Wynn Capital LLC acquired a new stake in shares of Schwab US Broad Market ETF during the 4th quarter valued at about $15,332,000.

Schwab US Broad Market ETF Stock Performance

Schwab US Broad Market ETF stock traded down $0.04 during trading on Wednesday, reaching $60.21. The company had a trading volume of 524,131 shares, compared to its average volume of 852,915. The firm’s 50-day simple moving average is $59.70 and its 200 day simple moving average is $56.34. Schwab US Broad Market ETF has a 1-year low of $47.46 and a 1-year high of $61.18. The firm has a market capitalization of $27.66 billion, a PE ratio of 24.20 and a beta of 1.03.

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.