Lokken Investment Group LLC Sells 384 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Lokken Investment Group LLC decreased its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 0.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 41,158 shares of the company’s stock after selling 384 shares during the period. Schwab US Broad Market ETF comprises 1.2% of Lokken Investment Group LLC’s portfolio, making the stock its 18th largest holding. Lokken Investment Group LLC’s holdings in Schwab US Broad Market ETF were worth $2,588,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bruce G. Allen Investments LLC bought a new position in shares of Schwab US Broad Market ETF during the 2nd quarter valued at $29,000. GAMMA Investing LLC purchased a new position in Schwab US Broad Market ETF in the second quarter worth about $30,000. Johnson Financial Group Inc. boosted its position in Schwab US Broad Market ETF by 76.3% in the fourth quarter. Johnson Financial Group Inc. now owns 737 shares of the company’s stock worth $41,000 after purchasing an additional 319 shares during the last quarter. Scarborough Advisors LLC purchased a new stake in shares of Schwab US Broad Market ETF during the 4th quarter valued at about $43,000. Finally, Principal Securities Inc. bought a new position in shares of Schwab US Broad Market ETF in the 4th quarter worth approximately $46,000.

Schwab US Broad Market ETF Trading Up 0.1 %

SCHB opened at $65.27 on Wednesday. Schwab US Broad Market ETF has a 12-month low of $47.46 and a 12-month high of $65.67. The company has a market cap of $30.00 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. The company’s 50 day moving average is $63.75 and its 200 day moving average is $61.91.

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.