Values Added Financial LLC Trims Holdings in Schwab US Broad Market ETF $SCHB

Values Added Financial LLC trimmed its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 1.1% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 102,005 shares of the company’s stock after selling 1,138 shares during the period. Schwab US Broad Market ETF comprises about 1.2% of Values Added Financial LLC’s investment portfolio, making the stock its 25th largest position. Values Added Financial LLC’s holdings in Schwab US Broad Market ETF were worth $2,431,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Rebalance LLC lifted its holdings in Schwab US Broad Market ETF by 10.1% in the 2nd quarter. Rebalance LLC now owns 13,159,188 shares of the company’s stock valued at $313,583,000 after purchasing an additional 1,209,350 shares in the last quarter. SCS Capital Management LLC lifted its holdings in Schwab US Broad Market ETF by 16.6% in the 1st quarter. SCS Capital Management LLC now owns 11,901,176 shares of the company’s stock valued at $256,232,000 after purchasing an additional 1,697,159 shares in the last quarter. Hengehold Capital Management LLC lifted its holdings in Schwab US Broad Market ETF by 0.8% in the 1st quarter. Hengehold Capital Management LLC now owns 9,013,141 shares of the company’s stock valued at $194,053,000 after purchasing an additional 70,735 shares in the last quarter. Strid Group LLC lifted its holdings in Schwab US Broad Market ETF by 0.5% in the 2nd quarter. Strid Group LLC now owns 8,658,237 shares of the company’s stock valued at $206,322,000 after purchasing an additional 43,935 shares in the last quarter. Finally, Bouchey Financial Group Ltd lifted its holdings in Schwab US Broad Market ETF by 0.9% in the 1st quarter. Bouchey Financial Group Ltd now owns 8,238,465 shares of the company’s stock valued at $177,374,000 after purchasing an additional 72,697 shares in the last quarter.

Schwab US Broad Market ETF Trading Up 0.6%

NYSEARCA:SCHB opened at $25.98 on Thursday. The firm has a market cap of $37.75 billion, a price-to-earnings ratio of 25.08 and a beta of 1.03. The company’s 50-day moving average is $25.12 and its two-hundred day moving average is $23.39. Schwab US Broad Market ETF has a 12-month low of $18.52 and a 12-month high of $25.99.

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.