Advisory Alpha LLC Has $1.89 Million Stock Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Advisory Alpha LLC trimmed its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 7.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,988 shares of the company’s stock after selling 2,465 shares during the quarter. Advisory Alpha LLC’s holdings in Schwab US Broad Market ETF were worth $1,885,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in SCHB. EP Wealth Advisors LLC raised its position in Schwab US Broad Market ETF by 18.2% during the second quarter. EP Wealth Advisors LLC now owns 24,678 shares of the company’s stock valued at $1,551,000 after acquiring an additional 3,803 shares in the last quarter. B. Riley Wealth Advisors Inc. raised its position in Schwab US Broad Market ETF by 2.6% during the second quarter. B. Riley Wealth Advisors Inc. now owns 172,590 shares of the company’s stock valued at $10,886,000 after acquiring an additional 4,425 shares in the last quarter. Traction Financial Partners LLC raised its position in Schwab US Broad Market ETF by 21.3% during the second quarter. Traction Financial Partners LLC now owns 10,125 shares of the company’s stock valued at $648,000 after acquiring an additional 1,776 shares in the last quarter. NewEdge Advisors LLC raised its position in Schwab US Broad Market ETF by 5.9% during the second quarter. NewEdge Advisors LLC now owns 119,406 shares of the company’s stock valued at $7,507,000 after acquiring an additional 6,689 shares in the last quarter. Finally, Silver Lake Advisory LLC bought a new position in Schwab US Broad Market ETF during the second quarter valued at approximately $2,552,000.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB opened at $66.52 on Tuesday. The firm has a market cap of $30.58 billion, a PE ratio of 25.24 and a beta of 1.02. The firm’s 50 day moving average price is $63.99 and its 200 day moving average price is $62.26. Schwab US Broad Market ETF has a twelve month low of $47.46 and a twelve month high of $66.59.

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.