Schwab US Broad Market ETF $SCHB Stake Lessened by Genesee Capital Advisors LLC

Genesee Capital Advisors LLC lowered its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 4.4% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,447,563 shares of the company’s stock after selling 66,850 shares during the period. Schwab US Broad Market ETF accounts for about 16.2% of Genesee Capital Advisors LLC’s holdings, making the stock its largest holding. Genesee Capital Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $37,217,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of SCHB. ARS Wealth Advisors Group LLC increased its holdings in Schwab US Broad Market ETF by 4.3% in the 3rd quarter. ARS Wealth Advisors Group LLC now owns 9,779 shares of the company’s stock worth $251,000 after buying an additional 405 shares in the last quarter. Blue Trust Inc. lifted its holdings in Schwab US Broad Market ETF by 1.9% in the third quarter. Blue Trust Inc. now owns 22,375 shares of the company’s stock valued at $575,000 after acquiring an additional 414 shares during the period. Summit Place Financial Advisors LLC boosted its position in Schwab US Broad Market ETF by 1.1% in the third quarter. Summit Place Financial Advisors LLC now owns 40,789 shares of the company’s stock worth $1,049,000 after purchasing an additional 425 shares during the last quarter. SteelPeak Wealth LLC boosted its position in Schwab US Broad Market ETF by 2.0% in the second quarter. SteelPeak Wealth LLC now owns 21,842 shares of the company’s stock worth $521,000 after purchasing an additional 427 shares during the last quarter. Finally, Triangle Securities Wealth Management grew its stake in shares of Schwab US Broad Market ETF by 0.4% during the 3rd quarter. Triangle Securities Wealth Management now owns 117,174 shares of the company’s stock valued at $3,013,000 after purchasing an additional 431 shares during the period.

Schwab US Broad Market ETF Stock Up 0.4%

NYSEARCA SCHB opened at $26.85 on Wednesday. The company has a 50-day moving average price of $26.35 and a 200-day moving average price of $25.65. Schwab US Broad Market ETF has a 52 week low of $18.52 and a 52 week high of $26.89. The firm has a market capitalization of $39.13 billion, a P/E ratio of 25.08 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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.