Midwestern Financial LLC IA Sells 41,520 Shares of Schwab US Broad Market ETF $SCHB

Midwestern Financial LLC IA trimmed its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 16.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 208,456 shares of the company’s stock after selling 41,520 shares during the period. Schwab US Broad Market ETF makes up about 4.6% of Midwestern Financial LLC IA’s holdings, making the stock its 8th largest holding. Midwestern Financial LLC IA’s holdings in Schwab US Broad Market ETF were worth $5,359,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Gallagher Fiduciary Advisors LLC lifted its stake in shares of Schwab US Broad Market ETF by 2,295.8% in the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 64,764,324 shares of the company’s stock valued at $1,543,334,000 after purchasing an additional 62,061,116 shares during the last quarter. AlphaCore Capital LLC increased its position in shares of Schwab US Broad Market ETF by 1,400.4% during the 2nd quarter. AlphaCore Capital LLC now owns 5,953,464 shares of the company’s stock worth $141,871,000 after purchasing an additional 5,556,673 shares during the last quarter. Caprock Group LLC purchased a new stake in Schwab US Broad Market ETF in the 3rd quarter valued at about $54,987,000. Boulder Wealth Advisors LLC acquired a new position in Schwab US Broad Market ETF in the third quarter valued at about $40,435,000. Finally, Weaver Capital Management LLC acquired a new position in Schwab US Broad Market ETF in the third quarter valued at about $35,322,000.

Schwab US Broad Market ETF Price Performance

Shares of SCHB stock opened at $25.76 on Tuesday. Schwab US Broad Market ETF has a 1-year low of $18.52 and a 1-year high of $26.94. The firm has a market cap of $37.53 billion, a PE ratio of 25.08 and a beta of 1.02. The company has a 50-day moving average of $26.48 and a two-hundred day moving average of $26.09.

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