Cobblestone Capital Advisors LLC NY Reduces Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Cobblestone Capital Advisors LLC NY trimmed its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 8.6% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 314,830 shares of the company’s stock after selling 29,539 shares during the period. Schwab US Broad Market ETF accounts for approximately 1.2% of Cobblestone Capital Advisors LLC NY’s holdings, making the stock its 22nd largest position. Cobblestone Capital Advisors LLC NY owned about 0.07% of Schwab US Broad Market ETF worth $19,793,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of SCHB. Bruce G. Allen Investments LLC bought a new stake in shares of Schwab US Broad Market ETF during the 2nd quarter valued at $29,000. GAMMA Investing LLC bought a new stake in Schwab US Broad Market ETF during the second quarter valued at about $30,000. Johnson Financial Group Inc. lifted its position in shares of Schwab US Broad Market ETF by 76.3% in the fourth quarter. Johnson Financial Group Inc. now owns 737 shares of the company’s stock valued at $41,000 after acquiring an additional 319 shares in the last quarter. Scarborough Advisors LLC bought a new position in shares of Schwab US Broad Market ETF in the fourth quarter worth about $43,000. Finally, Principal Securities Inc. purchased a new stake in shares of Schwab US Broad Market ETF during the fourth quarter worth about $46,000.

Schwab US Broad Market ETF Stock Down 1.7 %

NYSEARCA SCHB traded down $1.08 during trading hours on Friday, reaching $62.54. The company’s stock had a trading volume of 753,250 shares, compared to its average volume of 785,616. Schwab US Broad Market ETF has a 1 year low of $47.46 and a 1 year high of $65.57. The company has a market capitalization of $28.75 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. The firm’s 50-day moving average price is $63.64 and its 200-day moving average price is $61.60.

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.