Schwab US Broad Market ETF $SCHB Stock: Lido Advisors LLC Lowers Holdings

Lido Advisors LLC cut its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 4.5% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 846,604 shares of the company’s stock after selling 40,181 shares during the period. Lido Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $24,814,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of SCHB. Keybank National Association OH bought a new position in Schwab US Broad Market ETF in the third quarter valued at about $2,399,000. Csenge Advisory Group grew its holdings in shares of Schwab US Broad Market ETF by 2.9% during the third quarter. Csenge Advisory Group now owns 73,884 shares of the company’s stock worth $2,166,000 after purchasing an additional 2,110 shares during the last quarter. Quarry Hill Advisors LLC bought a new stake in shares of Schwab US Broad Market ETF during the third quarter worth about $398,000. Gen Wealth Partners Inc acquired a new position in shares of Schwab US Broad Market ETF in the third quarter valued at approximately $236,000. Finally, Kohmann Bosshard Financial Services LLC increased its stake in shares of Schwab US Broad Market ETF by 3.3% in the third quarter. Kohmann Bosshard Financial Services LLC now owns 15,740 shares of the company’s stock valued at $461,000 after buying an additional 501 shares during the period.

Schwab US Broad Market ETF Price Performance

Shares of NYSEARCA SCHB opened at $29.25 on Thursday. The company has a 50 day simple moving average of $29.43 and a 200 day simple moving average of $28.21. The firm has a market cap of $44.75 billion, a PE ratio of 23.41 and a beta of 1.03. Schwab US Broad Market ETF has a 1 year low of $24.28 and a 1 year high of $30.15.

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.