Valeo Financial Advisors LLC Sells 4,699 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Valeo Financial Advisors LLC lowered its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 51.0% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,523 shares of the company’s stock after selling 4,699 shares during the quarter. Valeo Financial Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $252,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Moneta Group Investment Advisors LLC boosted its stake in 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 purchasing an additional 45,394,219 shares during the period. Wealthfront Advisers LLC grew its holdings in 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 buying an additional 13,553,949 shares in the last quarter. Mariner LLC increased its stake in Schwab US Broad Market ETF by 254.7% in the 1st quarter. Mariner LLC now owns 1,348,142 shares of the company’s stock worth $71,977,000 after acquiring an additional 968,088 shares during the last quarter. HighTower Advisors LLC raised its holdings in shares of Schwab US Broad Market ETF by 74.8% during the 3rd quarter. HighTower Advisors LLC now owns 1,822,524 shares of the company’s stock worth $90,783,000 after acquiring an additional 779,722 shares in the last quarter. Finally, Royal Bank of Canada boosted its position in shares of Schwab US Broad Market ETF by 108.9% during the 1st quarter. Royal Bank of Canada now owns 723,509 shares of the company’s stock valued at $38,628,000 after acquiring an additional 377,147 shares during the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB opened at $58.65 on Tuesday. The stock has a market capitalization of $26.90 billion, a PE ratio of 24.49 and a beta of 1.03. The company’s fifty day moving average is $59.53 and its 200 day moving average is $55.32. Schwab US Broad Market ETF has a fifty-two week low of $46.92 and a fifty-two week high of $61.18.

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.