SRS Capital Advisors Inc. Has $3.63 Million Stock Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

SRS Capital Advisors Inc. lowered its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 2.8% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 57,660 shares of the company’s stock after selling 1,690 shares during the period. SRS Capital Advisors Inc.’s holdings in Schwab US Broad Market ETF were worth $3,625,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Brio Consultants LLC increased its position in Schwab US Broad Market ETF by 21.2% in the 4th quarter. Brio Consultants LLC now owns 5,509 shares of the company’s stock worth $307,000 after purchasing an additional 965 shares during the last quarter. Private Advisor Group LLC increased its holdings in Schwab US Broad Market ETF by 7.2% in the fourth quarter. Private Advisor Group LLC now owns 65,572 shares of the company’s stock worth $3,650,000 after buying an additional 4,425 shares during the last quarter. Lincoln National Corp raised its position in Schwab US Broad Market ETF by 98.7% during the fourth quarter. Lincoln National Corp now owns 11,857 shares of the company’s stock valued at $660,000 after acquiring an additional 5,891 shares in the last quarter. Apollon Wealth Management LLC lifted its stake in Schwab US Broad Market ETF by 47.4% in the fourth quarter. Apollon Wealth Management LLC now owns 8,233 shares of the company’s stock valued at $458,000 after acquiring an additional 2,647 shares during the last quarter. Finally, Principal Securities Inc. acquired a new stake in Schwab US Broad Market ETF in the fourth quarter valued at approximately $46,000.

Schwab US Broad Market ETF Stock 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’s stock were exchanged, compared to its average volume of 785,616. The stock has a market cap of $28.75 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. The firm has a fifty day moving average of $63.64 and a two-hundred day moving average of $61.60. Schwab US Broad Market ETF has a twelve month low of $47.46 and a twelve month high of $65.57.

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.