Schwab US Broad Market ETF (NYSEARCA:SCHB) Stake Cut by Patton Albertson Miller Group LLC

Patton Albertson Miller Group LLC decreased its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 3.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 12,404 shares of the company’s stock after selling 395 shares during the period. Patton Albertson Miller Group LLC’s holdings in Schwab US Broad Market ETF were worth $691,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in SCHB. HighTower Advisors LLC increased its position in Schwab US Broad Market ETF by 74.8% in the third quarter. HighTower Advisors LLC now owns 1,822,524 shares of the company’s stock worth $90,783,000 after buying an additional 779,722 shares during the period. Compass Advisory Group LLC increased its holdings in shares of Schwab US Broad Market ETF by 384.5% in the 4th 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 bought a new stake in Schwab US Broad Market ETF in the 3rd quarter valued at about $15,503,000. Cerity Partners LLC boosted its stake in 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 valued at $21,987,000 after purchasing an additional 285,145 shares during the period. Finally, Wynn Capital LLC bought a new position in Schwab US Broad Market ETF in the 4th quarter worth about $15,332,000.

Schwab US Broad Market ETF Price Performance

Shares of SCHB traded up $0.35 during trading hours on Thursday, reaching $60.56. 467,318 shares of the company’s stock traded hands, compared to its average volume of 848,633. Schwab US Broad Market ETF has a twelve month low of $47.46 and a twelve month high of $61.18. The business’s fifty day simple moving average is $59.72 and its two-hundred day simple moving average is $56.37. The firm has a market capitalization of $27.82 billion, a price-to-earnings 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.