Ballentine Partners LLC Sells 34,926 Shares of Schwab US Broad Market ETF $SCHB

Ballentine Partners LLC reduced its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 1.1% during the third quarter, Holdings Channel.com reports. The firm owned 3,237,353 shares of the company’s stock after selling 34,926 shares during the quarter. Schwab US Broad Market ETF accounts for approximately 1.2% of Ballentine Partners LLC’s holdings, making the stock its 15th biggest position. Ballentine Partners LLC’s holdings in Schwab US Broad Market ETF were worth $83,232,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the business. Farrow Financial Inc. grew its holdings in shares of Schwab US Broad Market ETF by 45.9% during the third quarter. Farrow Financial Inc. now owns 56,612 shares of the company’s stock valued at $1,455,000 after buying an additional 17,820 shares during the last quarter. Truist Financial Corp boosted its stake in Schwab US Broad Market ETF by 3.4% during the 3rd quarter. Truist Financial Corp now owns 1,581,800 shares of the company’s stock valued at $40,668,000 after purchasing an additional 52,125 shares during the last quarter. Novare Capital Management LLC increased its holdings in Schwab US Broad Market ETF by 0.3% during the 3rd quarter. Novare Capital Management LLC now owns 169,749 shares of the company’s stock worth $4,364,000 after purchasing an additional 552 shares in the last quarter. Sightline Wealth Advisors LLC raised its stake in shares of Schwab US Broad Market ETF by 10.9% in the third quarter. Sightline Wealth Advisors LLC now owns 26,688 shares of the company’s stock worth $686,000 after purchasing an additional 2,630 shares during the last quarter. Finally, Belpointe Asset Management LLC raised its stake in shares of Schwab US Broad Market ETF by 102.2% in the third quarter. Belpointe Asset Management LLC now owns 138,864 shares of the company’s stock worth $3,570,000 after purchasing an additional 70,203 shares during the last quarter.

Schwab US Broad Market ETF Stock Up 0.4%

SCHB stock opened at $26.85 on Wednesday. The firm has a market capitalization of $39.13 billion, a PE ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a twelve month low of $18.52 and a twelve month high of $26.89. The stock’s 50 day moving average is $26.35 and its 200-day moving average is $25.65.

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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.