WT Wealth Management Trims Holdings in Schwab US Broad Market ETF $SCHB

WT Wealth Management lowered its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 4.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,221,301 shares of the company’s stock after selling 62,768 shares during the quarter. Schwab US Broad Market ETF accounts for approximately 9.0% of WT Wealth Management’s investment portfolio, making the stock its largest position. WT Wealth Management owned approximately 0.08% of Schwab US Broad Market ETF worth $31,400,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the business. Brighton Jones LLC increased its position in Schwab US Broad Market ETF by 1,209.6% in the 4th quarter. Brighton Jones LLC now owns 228,625 shares of the company’s stock valued at $5,190,000 after acquiring an additional 211,168 shares during the period. Revolve Wealth Partners LLC increased its stake in shares of Schwab US Broad Market ETF by 197.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 21,510 shares of the company’s stock valued at $488,000 after acquiring an additional 14,279 shares in the last quarter. Comerica Bank lifted its position in Schwab US Broad Market ETF by 33.3% in the 1st quarter. Comerica Bank now owns 15,506 shares of the company’s stock valued at $334,000 after acquiring an additional 3,870 shares in the last quarter. AQR Capital Management LLC increased its holdings in Schwab US Broad Market ETF by 2.5% during the 1st quarter. AQR Capital Management LLC now owns 279,642 shares of the company’s stock worth $6,021,000 after purchasing an additional 6,726 shares in the last quarter. Finally, Integrated Wealth Concepts LLC raised its position in Schwab US Broad Market ETF by 2.1% in the 1st quarter. Integrated Wealth Concepts LLC now owns 186,210 shares of the company’s stock valued at $4,009,000 after buying an additional 3,906 shares during the last quarter.

Schwab US Broad Market ETF Price Performance

NYSEARCA SCHB opened at $26.31 on Friday. The firm has a market cap of $38.28 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 1 year low of $18.52 and a 1 year high of $26.63. The company has a fifty day moving average price of $26.15 and a 200-day moving average price of $25.28.

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