Schwab US Broad Market ETF (NYSEARCA:SCHB) is Retirement Planning Group LLC’s 4th Largest Position

Retirement Planning Group LLC decreased its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 12.7% during the second quarter, according to its most recent filing with the SEC. The firm owned 1,813,286 shares of the company’s stock after selling 262,770 shares during the period. Schwab US Broad Market ETF comprises about 7.2% of Retirement Planning Group LLC’s holdings, making the stock its 4th largest holding. Retirement Planning Group LLC owned about 0.39% of Schwab US Broad Market ETF worth $114,001,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Larson Financial Group LLC boosted its position in shares of Schwab US Broad Market ETF by 3.7% in the 1st quarter. Larson Financial Group LLC now owns 4,776 shares of the company’s stock worth $292,000 after purchasing an additional 170 shares in the last quarter. Valeo Financial Advisors LLC grew its stake in shares of Schwab US Broad Market ETF by 4.1% in the first quarter. Valeo Financial Advisors LLC now owns 4,708 shares of the company’s stock worth $277,000 after acquiring an additional 185 shares during the last quarter. Hendershot Investments Inc. increased its holdings in shares of Schwab US Broad Market ETF by 0.7% during the first quarter. Hendershot Investments Inc. now owns 28,063 shares of the company’s stock valued at $1,713,000 after acquiring an additional 186 shares in the last quarter. Foster Victor Wealth Advisors LLC raised its position in shares of Schwab US Broad Market ETF by 2.5% in the 1st quarter. Foster Victor Wealth Advisors LLC now owns 7,874 shares of the company’s stock worth $475,000 after purchasing an additional 190 shares during the last quarter. Finally, Evolution Advisers Inc. boosted its stake in Schwab US Broad Market ETF by 33.8% in the 4th quarter. Evolution Advisers Inc. now owns 756 shares of the company’s stock worth $42,000 after purchasing an additional 191 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

SCHB stock traded up $0.28 during trading on Friday, hitting $61.73. 632,832 shares of the stock traded hands, compared to its average volume of 801,854. The stock has a market cap of $28.38 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a 1 year low of $47.46 and a 1 year high of $65.57. The firm’s 50 day moving average is $62.98 and its two-hundred day moving average is $60.70.

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.