Compass Advisory Group LLC Sells 1,373,538 Shares of Schwab US Broad Market ETF $SCHB

Compass Advisory Group LLC lowered its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 71.1% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 557,051 shares of the company’s stock after selling 1,373,538 shares during the period. Schwab US Broad Market ETF comprises about 3.7% of Compass Advisory Group LLC’s investment portfolio, making the stock its 12th biggest holding. Compass Advisory Group LLC’s holdings in Schwab US Broad Market ETF were worth $13,982,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Donaldson Capital Management LLC grew its position in shares of Schwab US Broad Market ETF by 14.3% in the 4th quarter. Donaldson Capital Management LLC now owns 192,702 shares of the company’s stock worth $5,055,000 after buying an additional 24,114 shares during the last quarter. Sunburst Financial Group LLC increased its stake in shares of Schwab US Broad Market ETF by 1.9% during the fourth quarter. Sunburst Financial Group LLC now owns 2,126,176 shares of the company’s stock valued at $55,770,000 after buying an additional 39,321 shares during the period. Farrow Financial Inc. increased its stake in shares of Schwab US Broad Market ETF by 47.1% during the fourth quarter. Farrow Financial Inc. now owns 83,285 shares of the company’s stock valued at $2,185,000 after buying an additional 26,673 shares during the period. Dorato Capital Management bought a new position in shares of Schwab US Broad Market ETF during the fourth quarter valued at approximately $2,500,000. Finally, Sjbenen Advisory LLC bought a new position in shares of Schwab US Broad Market ETF during the fourth quarter valued at approximately $2,758,000.

Schwab US Broad Market ETF Stock Up 0.1%

Shares of SCHB stock opened at $28.42 on Friday. The stock has a fifty day moving average of $28.37 and a 200 day moving average of $26.98. Schwab US Broad Market ETF has a 52 week low of $23.45 and a 52 week high of $29.35. The firm has a market capitalization of $42.02 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02.

Schwab US Broad Market ETF Company 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.