Focus Financial Network Inc. Has $21.51 Million Stock Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Focus Financial Network Inc. reduced its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 15.6% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 332,749 shares of the company’s stock after selling 61,717 shares during the quarter. Schwab US Broad Market ETF accounts for 0.9% of Focus Financial Network Inc.’s holdings, making the stock its 23rd biggest holding. Focus Financial Network Inc.’s holdings in Schwab US Broad Market ETF were worth $21,509,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Altus Wealth Management LLC raised its position in Schwab US Broad Market ETF by 1.6% in the second quarter. Altus Wealth Management LLC now owns 9,988 shares of the company’s stock valued at $628,000 after purchasing an additional 158 shares during the last quarter. Larson Financial Group LLC raised its position in Schwab US Broad Market ETF by 3.7% in the first quarter. Larson Financial Group LLC now owns 4,776 shares of the company’s stock valued at $292,000 after purchasing an additional 170 shares during the last quarter. Valeo Financial Advisors LLC raised its position in 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 valued at $277,000 after purchasing an additional 185 shares during the last quarter. Hendershot Investments Inc. raised its position in Schwab US Broad Market ETF by 0.7% in the first quarter. Hendershot Investments Inc. now owns 28,063 shares of the company’s stock valued at $1,713,000 after purchasing an additional 186 shares during the last quarter. Finally, Foster Victor Wealth Advisors LLC raised its position in Schwab US Broad Market ETF by 2.5% in the first quarter. Foster Victor Wealth Advisors LLC now owns 7,874 shares of the company’s stock valued at $475,000 after purchasing an additional 190 shares during the last quarter.

Schwab US Broad Market ETF Stock Down 0.3 %

Schwab US Broad Market ETF stock traded down $0.19 during trading hours on Tuesday, hitting $64.59. The stock had a trading volume of 516,007 shares, compared to its average volume of 793,894. The stock has a market cap of $29.69 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a one year low of $47.46 and a one year high of $65.57. The business’s 50 day simple moving average is $63.19 and its 200-day simple moving average is $61.00.

About Schwab US Broad Market ETF

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.