Retirement Planning Group LLC Reduces Stake in Schwab US Broad Market ETF $SCHB

Retirement Planning Group LLC reduced its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 19.5% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,236,924 shares of the company’s stock after selling 300,227 shares during the period. Schwab US Broad Market ETF comprises 1.1% of Retirement Planning Group LLC’s investment portfolio, making the stock its 18th biggest position. Retirement Planning Group LLC owned approximately 0.09% of Schwab US Broad Market ETF worth $31,801,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. ARS Wealth Advisors Group LLC grew its holdings in Schwab US Broad Market ETF by 4.3% during the third quarter. ARS Wealth Advisors Group LLC now owns 9,779 shares of the company’s stock valued at $251,000 after purchasing an additional 405 shares during the period. Blue Trust Inc. increased its holdings in Schwab US Broad Market ETF by 1.9% in the 3rd quarter. Blue Trust Inc. now owns 22,375 shares of the company’s stock worth $575,000 after acquiring an additional 414 shares during the last quarter. Summit Place Financial Advisors LLC increased its holdings in Schwab US Broad Market ETF by 1.1% in the 3rd quarter. Summit Place Financial Advisors LLC now owns 40,789 shares of the company’s stock worth $1,049,000 after acquiring an additional 425 shares during the last quarter. Foster Victor Wealth Advisors LLC raised its stake in Schwab US Broad Market ETF by 1.5% in the 2nd quarter. Foster Victor Wealth Advisors LLC now owns 28,669 shares of the company’s stock valued at $691,000 after acquiring an additional 426 shares during the period. Finally, SteelPeak Wealth LLC lifted its holdings in Schwab US Broad Market ETF by 2.0% during the second quarter. SteelPeak Wealth LLC now owns 21,842 shares of the company’s stock valued at $521,000 after purchasing an additional 427 shares during the last quarter.

Schwab US Broad Market ETF Stock Down 0.2%

SCHB opened at $26.79 on Wednesday. The firm has a 50-day moving average price of $26.20 and a 200-day moving average price of $25.46. Schwab US Broad Market ETF has a twelve month low of $18.52 and a twelve month high of $26.88. The company has a market capitalization of $38.98 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02.

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