Main Street Group LTD Has $1.81 Million Stake in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Main Street Group LTD reduced its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 4.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 28,772 shares of the company’s stock after selling 1,432 shares during the period. Schwab US Broad Market ETF makes up approximately 0.8% of Main Street Group LTD’s holdings, making the stock its 15th largest holding. Main Street Group LTD’s holdings in Schwab US Broad Market ETF were worth $1,811,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Altus Wealth Management LLC grew its stake in Schwab US Broad Market ETF by 1.6% during the second quarter. Altus Wealth Management LLC now owns 9,988 shares of the company’s stock worth $628,000 after buying an additional 158 shares during the last quarter. Kiley Juergens Wealth Management LLC increased its stake in shares of Schwab US Broad Market ETF by 0.3% in the second quarter. Kiley Juergens Wealth Management LLC now owns 59,475 shares of the company’s stock valued at $3,739,000 after buying an additional 163 shares in the last quarter. Larson Financial Group LLC increased its position in 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 valued at $292,000 after acquiring an additional 170 shares in the last quarter. Valeo Financial Advisors LLC increased its position in Schwab US Broad Market ETF by 4.1% in the 1st quarter. Valeo Financial Advisors LLC now owns 4,708 shares of the company’s stock valued at $277,000 after acquiring an additional 185 shares in the last quarter. Finally, Builder Investment Group Inc. ADV raised its stake in shares of Schwab US Broad Market ETF by 2.0% in the second quarter. Builder Investment Group Inc. ADV now owns 9,317 shares of the company’s stock worth $586,000 after acquiring an additional 186 shares during the last quarter.

Schwab US Broad Market ETF Trading Down 1.7 %

Shares of SCHB traded down $1.08 during mid-day trading on Friday, hitting $62.54. 753,250 shares of the company traded hands, compared to its average volume of 785,616. The stock has a market capitalization of $28.75 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. The business has a 50-day moving average of $63.64 and a 200 day moving average of $61.60. Schwab US Broad Market ETF has a one year low of $47.46 and a one year high of $65.57.

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.