ProVise Management Group LLC Sells 1,286 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

ProVise Management Group LLC lowered its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 1.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 88,127 shares of the company’s stock after selling 1,286 shares during the quarter. ProVise Management Group LLC’s holdings in Schwab US Broad Market ETF were worth $5,541,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in SCHB. Glass Jacobson Investment Advisors llc raised its stake in Schwab US Broad Market ETF by 2.2% during the second quarter. Glass Jacobson Investment Advisors llc now owns 16,953 shares of the company’s stock worth $1,066,000 after acquiring an additional 359 shares in the last quarter. Blair William & Co. IL grew its holdings in shares of Schwab US Broad Market ETF by 3.7% in the 2nd quarter. Blair William & Co. IL now owns 60,935 shares of the company’s stock worth $3,831,000 after purchasing an additional 2,189 shares during the last quarter. Meridian Wealth Partners LLC increased its position in shares of Schwab US Broad Market ETF by 5.1% during the 2nd quarter. Meridian Wealth Partners LLC now owns 284,231 shares of the company’s stock worth $17,870,000 after purchasing an additional 13,904 shares in the last quarter. Firestone Capital Management lifted its holdings in Schwab US Broad Market ETF by 10.9% during the 2nd quarter. Firestone Capital Management now owns 70,443 shares of the company’s stock valued at $4,429,000 after purchasing an additional 6,896 shares during the last quarter. Finally, Plancorp LLC lifted its holdings in Schwab US Broad Market ETF by 12.0% during the 2nd quarter. Plancorp LLC now owns 10,068 shares of the company’s stock valued at $633,000 after purchasing an additional 1,077 shares during the last quarter.

Schwab US Broad Market ETF Trading Up 1.7 %

Shares of Schwab US Broad Market ETF stock opened at $66.24 on Friday. The stock has a market capitalization of $30.45 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. The firm’s 50-day moving average price is $63.80 and its two-hundred day moving average price is $61.96. Schwab US Broad Market ETF has a 1-year low of $47.46 and a 1-year high of $66.45.

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.