Mercer Global Advisors Inc. ADV Sells 143,185 Shares of Schwab US Broad Market ETF $SCHB

Mercer Global Advisors Inc. ADV trimmed its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 5.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 2,727,224 shares of the company’s stock after selling 143,185 shares during the period. Mercer Global Advisors Inc. ADV owned approximately 0.19% of Schwab US Broad Market ETF worth $70,117,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. GeoWealth Management LLC boosted its stake in Schwab US Broad Market ETF by 0.4% in the 3rd quarter. GeoWealth Management LLC now owns 100,043 shares of the company’s stock worth $2,572,000 after purchasing an additional 388 shares in the last quarter. ARS Wealth Advisors Group LLC increased its stake in Schwab US Broad Market ETF by 4.3% during the 3rd 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 in the last quarter. Blue Trust Inc. raised its holdings in Schwab US Broad Market ETF by 1.9% in the third quarter. Blue Trust Inc. now owns 22,375 shares of the company’s stock worth $575,000 after buying an additional 414 shares during the last quarter. Summit Place Financial Advisors LLC raised its holdings in Schwab US Broad Market ETF by 1.1% in the third quarter. Summit Place Financial Advisors LLC now owns 40,789 shares of the company’s stock worth $1,049,000 after buying an additional 425 shares during the last quarter. Finally, Triangle Securities Wealth Management lifted its stake in shares of Schwab US Broad Market ETF by 0.4% in the third quarter. Triangle Securities Wealth Management now owns 117,174 shares of the company’s stock worth $3,013,000 after buying an additional 431 shares in the last quarter.

Schwab US Broad Market ETF Stock Up 1.0%

NYSEARCA:SCHB opened at $25.76 on Tuesday. The company’s 50 day moving average price is $26.48 and its 200-day moving average price is $26.09. Schwab US Broad Market ETF has a 52 week low of $18.52 and a 52 week high of $26.94. The stock has a market cap of $37.53 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.