SJS Investment Consulting Inc. Decreases Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

SJS Investment Consulting Inc. cut its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 8.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 2,755 shares of the company’s stock after selling 238 shares during the period. SJS Investment Consulting Inc.’s holdings in Schwab US Broad Market ETF were worth $142,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in SCHB. Moneta Group Investment Advisors LLC raised its stake in Schwab US Broad Market ETF by 112,256.3% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 45,434,657 shares of the company’s stock valued at $2,035,927,000 after buying an additional 45,394,219 shares during the last quarter. Wealthfront Advisers LLC grew its position in shares of Schwab US Broad Market ETF by 93.3% during the 1st quarter. Wealthfront Advisers LLC now owns 28,076,551 shares of the company’s stock valued at $1,499,007,000 after acquiring an additional 13,553,949 shares during the period. Rebalance LLC bought a new stake in shares of Schwab US Broad Market ETF during the 4th quarter valued at $132,101,000. Gateway Advisory LLC grew its position in shares of Schwab US Broad Market ETF by 4,205.1% during the 1st quarter. Gateway Advisory LLC now owns 999,596 shares of the company’s stock valued at $1,000,000 after acquiring an additional 976,377 shares during the period. Finally, Mariner LLC grew its position in shares of Schwab US Broad Market ETF by 254.7% during the 1st quarter. Mariner LLC now owns 1,348,142 shares of the company’s stock valued at $71,977,000 after acquiring an additional 968,088 shares during the period.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB stock traded down $0.41 during mid-day trading on Tuesday, reaching $51.44. 237,323 shares of the company’s stock traded hands, compared to its average volume of 788,854. Schwab US Broad Market ETF has a 12 month low of $40.92 and a 12 month high of $53.71. The firm has a 50 day moving average price of $52.27 and a two-hundred day moving average price of $49.84. The firm has a market capitalization of $22.91 billion, a PE ratio of 17.59 and a beta of 1.03.

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.