WFA of San Diego LLC Has $2.40 Million Stake in Schwab US Broad Market ETF (NYSEARCA:SCHB)

WFA of San Diego LLC decreased its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 4.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 46,322 shares of the company’s stock after selling 1,941 shares during the period. Schwab US Broad Market ETF makes up approximately 2.4% of WFA of San Diego LLC’s investment portfolio, making the stock its 7th biggest position. WFA of San Diego LLC’s holdings in Schwab US Broad Market ETF were worth $2,395,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in SCHB. Moneta Group Investment Advisors LLC increased its holdings in shares of Schwab US Broad Market ETF by 112,256.3% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 45,434,657 shares of the company’s stock worth $2,035,927,000 after buying an additional 45,394,219 shares during the last quarter. Wealthfront Advisers LLC boosted its holdings in shares of Schwab US Broad Market ETF by 93.3% in the 1st quarter. Wealthfront Advisers LLC now owns 28,076,551 shares of the company’s stock worth $1,499,007,000 after purchasing an additional 13,553,949 shares during the period. Rebalance LLC increased its position in shares of Schwab US Broad Market ETF by 20.2% during the 2nd quarter. Rebalance LLC now owns 3,584,389 shares of the company’s stock valued at $185,313,000 after purchasing an additional 601,199 shares during the last quarter. Hengehold Capital Management LLC lifted its position in Schwab US Broad Market ETF by 14.2% in the second quarter. Hengehold Capital Management LLC now owns 2,769,013 shares of the company’s stock worth $143,158,000 after buying an additional 345,251 shares during the last quarter. Finally, Strid Group LLC increased its position in Schwab US Broad Market ETF by 0.5% during the second quarter. Strid Group LLC now owns 2,445,118 shares of the company’s stock valued at $126,413,000 after acquiring an additional 12,277 shares during the last quarter.

Schwab US Broad Market ETF Stock Performance

NYSEARCA SCHB traded up $0.14 during trading on Monday, hitting $52.48. The stock had a trading volume of 150,682 shares, compared to its average volume of 807,357. The stock has a 50 day simple moving average of $50.30 and a 200 day simple moving average of $50.73. Schwab US Broad Market ETF has a one year low of $43.89 and a one year high of $53.71. The stock has a market capitalization of $23.38 billion, a price-to-earnings ratio of 17.59 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.