Schwab US Broad Market ETF (NYSEARCA:SCHB) is Clear Point Advisors Inc.’s 4th Largest Position

Clear Point Advisors Inc. trimmed its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 4.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 63,815 shares of the company’s stock after selling 3,241 shares during the quarter. Schwab US Broad Market ETF accounts for approximately 3.3% of Clear Point Advisors Inc.’s holdings, making the stock its 4th largest position. Clear Point Advisors Inc.’s holdings in Schwab US Broad Market ETF were worth $4,012,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Altus Wealth Management LLC boosted its position in Schwab US Broad Market ETF by 1.6% in the second quarter. Altus Wealth Management LLC now owns 9,988 shares of the company’s stock worth $628,000 after purchasing an additional 158 shares during the last quarter. Kiley Juergens Wealth Management LLC boosted its holdings in shares of Schwab US Broad Market ETF by 0.3% in the second quarter. Kiley Juergens Wealth Management LLC now owns 59,475 shares of the company’s stock worth $3,739,000 after buying an additional 163 shares during the last quarter. Larson Financial Group LLC grew its position in Schwab US Broad Market ETF by 3.7% during the first quarter. Larson Financial Group LLC now owns 4,776 shares of the company’s stock valued at $292,000 after buying an additional 170 shares during the period. Valeo Financial Advisors LLC grew its position in Schwab US Broad Market ETF by 4.1% during the first quarter. Valeo Financial Advisors LLC now owns 4,708 shares of the company’s stock valued at $277,000 after buying an additional 185 shares during the period. Finally, Builder Investment Group Inc. ADV increased its holdings in Schwab US Broad Market ETF by 2.0% during the second quarter. Builder Investment Group Inc. ADV now owns 9,317 shares of the company’s stock valued at $586,000 after buying an additional 186 shares during the last quarter.

Schwab US Broad Market ETF Price Performance

Shares of Schwab US Broad Market ETF stock opened at $66.42 on Wednesday. Schwab US Broad Market ETF has a 1-year low of $47.46 and a 1-year high of $66.45. The company’s fifty day simple moving average is $63.87 and its 200-day simple moving average is $62.13. The stock has a market capitalization of $30.53 billion, a PE ratio of 25.24 and a beta of 1.02.

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.