Allworth Financial LP Has $36.11 Million Holdings in Schwab US Broad Market ETF $SCHB

Allworth Financial LP cut its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 4.2% during the 3rd quarter, Holdings Channel reports. The firm owned 1,404,466 shares of the company’s stock after selling 60,993 shares during the period. Allworth Financial LP’s holdings in Schwab US Broad Market ETF were worth $36,109,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in SCHB. Financial Life Planners acquired a new stake in Schwab US Broad Market ETF during the third quarter worth approximately $27,000. Wiser Advisor Group LLC bought a new position in shares of Schwab US Broad Market ETF in the third quarter worth $29,000. First Pacific Financial acquired a new position in Schwab US Broad Market ETF in the third quarter valued at about $51,000. LGT Financial Advisors LLC acquired a new position in Schwab US Broad Market ETF in the third quarter valued at about $52,000. Finally, Palisade Asset Management LLC bought a new stake in Schwab US Broad Market ETF during the third quarter worth about $68,000.

Schwab US Broad Market ETF Stock Down 1.4%

Shares of Schwab US Broad Market ETF stock opened at $25.49 on Thursday. The company has a market capitalization of $37.14 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 12-month low of $18.52 and a 12-month high of $26.94. The firm’s 50-day moving average price is $26.44 and its two-hundred day moving average price is $26.09.

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