Park Avenue Securities LLC Reduces Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Park Avenue Securities LLC lessened its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) by 3.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,141 shares of the company’s stock after selling 374 shares during the period. Park Avenue Securities LLC’s holdings in Schwab US Broad Market ETF were worth $763,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in SCHB. GAMMA Investing LLC purchased a new stake in Schwab US Broad Market ETF in the second quarter valued at $30,000. Bfsg LLC purchased a new stake in Schwab US Broad Market ETF during the fourth quarter valued at $41,000. Johnson Financial Group Inc. boosted its holdings in Schwab US Broad Market ETF by 76.3% during the fourth quarter. Johnson Financial Group Inc. now owns 737 shares of the company’s stock worth $41,000 after buying an additional 319 shares during the last quarter. Evolution Advisers Inc. boosted its holdings in Schwab US Broad Market ETF by 33.8% during the fourth quarter. Evolution Advisers Inc. now owns 756 shares of the company’s stock worth $42,000 after buying an additional 191 shares in the last quarter. Finally, Scarborough Advisors LLC purchased a new position in Schwab US Broad Market ETF during the fourth quarter valued at $43,000.

Schwab US Broad Market ETF trading up 0.5%

SCHB traded up $0.28 during midday trading on Friday, reaching $61.73. 632,832 shares of the company traded hands, compared to its average volume of 801,854. The company 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 52-week low of $47.46 and a 52-week high of $65.57. The company has a 50 day simple moving average of $62.98 and a two hundred day simple moving average of $60.67.

Company Profile for Schwab US Broad Market ETF

(Free report)

Schwab US Broad Market ETF (the Fund) seeks to track the total return of the Dow Jones US Small-Cap Total Stock Market Index (the Index). The index is a variance-adjusted market capitalization weighted index that reflects shares of securities actually available to investors in the market. The Fund’s index includes the 2,500 companies in the United States for which price information is available.

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