Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Sold by Ballentine Partners LLC

Ballentine Partners LLC reduced its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 1.8% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,080,204 shares of the company’s stock after selling 20,292 shares during the quarter. Schwab US Broad Market ETF comprises about 1.3% of Ballentine Partners LLC’s portfolio, making the stock its 14th largest holding. Ballentine Partners LLC owned about 0.23% of Schwab US Broad Market ETF worth $67,912,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of SCHB. Goldman Sachs Group Inc. increased its holdings in Schwab US Broad Market ETF by 239.2% in the 4th quarter. Goldman Sachs Group Inc. now owns 569,299 shares of the company’s stock worth $31,693,000 after buying an additional 401,485 shares during the period. NYL Investors LLC raised its holdings in shares of Schwab US Broad Market ETF by 43.1% during the fourth quarter. NYL Investors LLC now owns 70,000 shares of the company’s stock worth $3,897,000 after purchasing an additional 21,100 shares during the last quarter. Agilis Partners LLC lifted its position in Schwab US Broad Market ETF by 6.6% during the fourth quarter. Agilis Partners LLC now owns 903,629 shares of the company’s stock valued at $50,305,000 after purchasing an additional 55,670 shares during the period. EP Wealth Advisors LLC boosted its holdings in Schwab US Broad Market ETF by 64.8% in the fourth quarter. EP Wealth Advisors LLC now owns 33,102 shares of the company’s stock valued at $1,843,000 after purchasing an additional 13,019 shares during the last quarter. Finally, Burkett Financial Services LLC acquired a new stake in Schwab US Broad Market ETF during the 4th quarter worth about $603,000.

Schwab US Broad Market ETF Stock Down 1.7 %

Shares of SCHB traded down $1.08 during mid-day trading on Friday, reaching $62.54. The company had a trading volume of 753,250 shares, compared to its average volume of 785,616. The stock has a 50 day moving average of $63.64 and a two-hundred day moving average of $61.62. The stock has a market capitalization of $28.75 billion, a P/E ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a 52-week low of $47.46 and a 52-week high of $65.57.

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.