Clarity Wealth Advisors LLC Sells 603 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Clarity Wealth Advisors LLC cut its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 6.4% during the 1st quarter, Holdings Channel reports. The fund owned 8,832 shares of the company’s stock after selling 603 shares during the period. Clarity Wealth Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $539,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Creative Financial Designs Inc. ADV raised its position in shares of Schwab US Broad Market ETF by 55.3% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 621 shares of the company’s stock valued at $35,000 after purchasing an additional 221 shares during the period. BKM Wealth Management LLC purchased a new position in Schwab US Broad Market ETF during the fourth quarter valued at $41,000. Bfsg LLC purchased a new position in Schwab US Broad Market ETF during the fourth quarter valued at $41,000. Johnson Financial Group Inc. grew its stake 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 valued at $41,000 after acquiring an additional 319 shares in the last quarter. Finally, Evolution Advisers Inc. grew its stake 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 valued at $42,000 after acquiring an additional 191 shares in the last quarter.

Schwab US Broad Market ETF Trading Down 0.3 %

SCHB traded down $0.22 during trading on Friday, hitting $62.87. 720,946 shares of the company traded hands, compared to its average volume of 806,919. The company has a market cap of $28.90 billion, a PE ratio of 25.24 and a beta of 1.02. The stock’s 50-day simple moving average is $61.21 and its two-hundred day simple moving average is $59.09. Schwab US Broad Market ETF has a 1 year low of $47.46 and a 1 year high of $63.52.

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.