Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Sold by Marshall Financial Group Inc. ADV

Marshall Financial Group Inc. ADV decreased its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 1.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 296,298 shares of the company’s stock after selling 4,542 shares during the quarter. Schwab US Broad Market ETF comprises approximately 6.0% of Marshall Financial Group Inc. ADV’s investment portfolio, making the stock its 6th biggest holding. Marshall Financial Group Inc. ADV owned about 0.06% of Schwab US Broad Market ETF worth $18,628,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Brio Consultants LLC grew its holdings in Schwab US Broad Market ETF by 21.2% during the fourth quarter. Brio Consultants LLC now owns 5,509 shares of the company’s stock valued at $307,000 after purchasing an additional 965 shares during the period. Principal Securities Inc. acquired a new position in Schwab US Broad Market ETF during the fourth quarter valued at approximately $46,000. Avantax Advisory Services Inc. grew its holdings in Schwab US Broad Market ETF by 70.6% during the fourth quarter. Avantax Advisory Services Inc. now owns 9,467 shares of the company’s stock valued at $527,000 after purchasing an additional 3,917 shares during the period. Janney Montgomery Scott LLC grew its holdings in Schwab US Broad Market ETF by 0.9% during the fourth quarter. Janney Montgomery Scott LLC now owns 42,732 shares of the company’s stock valued at $2,379,000 after purchasing an additional 399 shares during the period. Finally, TrinityPoint Wealth LLC grew its holdings in Schwab US Broad Market ETF by 0.6% during the fourth quarter. TrinityPoint Wealth LLC now owns 274,283 shares of the company’s stock valued at $15,269,000 after purchasing an additional 1,652 shares during the period.

Schwab US Broad Market ETF Stock Performance

Shares of NYSEARCA SCHB opened at $65.22 on Tuesday. The stock has a market cap of $29.98 billion, a P/E ratio of 25.24 and a beta of 1.02. The firm has a 50 day moving average price of $63.73 and a 200 day moving average price of $61.87. 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 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.