Schwab US Broad Market ETF $SCHB Shares Sold by Madison Wealth Partners Inc

Madison Wealth Partners Inc cut its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 30.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 369,116 shares of the company’s stock after selling 161,008 shares during the quarter. Schwab US Broad Market ETF comprises approximately 1.8% of Madison Wealth Partners Inc’s portfolio, making the stock its 12th largest holding. Madison Wealth Partners Inc’s holdings in Schwab US Broad Market ETF were worth $9,682,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of SCHB. Brighton Jones LLC increased its stake in Schwab US Broad Market ETF by 1,209.6% in the fourth quarter. Brighton Jones LLC now owns 228,625 shares of the company’s stock valued at $5,190,000 after purchasing an additional 211,168 shares during the period. Revolve Wealth Partners LLC increased its stake in Schwab US Broad Market ETF by 197.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 21,510 shares of the company’s stock valued at $488,000 after purchasing an additional 14,279 shares during the period. Goldman Sachs Group Inc. increased its stake in shares of Schwab US Broad Market ETF by 50.4% during the first quarter. Goldman Sachs Group Inc. now owns 1,549,572 shares of the company’s stock worth $33,362,000 after acquiring an additional 518,984 shares during the period. Schnieders Capital Management LLC. acquired a new position in shares of Schwab US Broad Market ETF during the second quarter worth about $218,000. Finally, Russell Investments Group Ltd. increased its stake in shares of Schwab US Broad Market ETF by 18.5% during the second quarter. Russell Investments Group Ltd. now owns 9,924 shares of the company’s stock worth $236,000 after acquiring an additional 1,552 shares during the period.

Schwab US Broad Market ETF Stock Up 0.2%

Shares of Schwab US Broad Market ETF stock opened at $29.17 on Friday. Schwab US Broad Market ETF has a 52-week low of $22.48 and a 52-week high of $29.23. The company’s 50-day simple moving average is $27.12 and its 200-day simple moving average is $26.60. The firm has a market cap of $43.13 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02.

About Schwab US Broad Market ETF

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.