Cobblestone Capital Advisors LLC NY Sells 29,539 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Cobblestone Capital Advisors LLC NY lessened its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 8.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 314,830 shares of the company’s stock after selling 29,539 shares during the quarter. Schwab US Broad Market ETF comprises 1.2% of Cobblestone Capital Advisors LLC NY’s portfolio, making the stock its 22nd biggest holding. Cobblestone Capital Advisors LLC NY’s holdings in Schwab US Broad Market ETF were worth $19,793,000 at the end of the most recent reporting period.

Several other institutional investors have also 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 approximately $29,000. GAMMA Investing LLC bought a new position in Schwab US Broad Market ETF during the second quarter valued at $30,000. Johnson Financial Group Inc. grew its stake in shares of Schwab US Broad Market ETF by 76.3% in the 4th quarter. Johnson Financial Group Inc. now owns 737 shares of the company’s stock worth $41,000 after buying an additional 319 shares in the last quarter. Scarborough Advisors LLC bought a new stake in shares of Schwab US Broad Market ETF in the 4th quarter worth about $43,000. Finally, Principal Securities Inc. purchased a new stake in shares of Schwab US Broad Market ETF during the 4th quarter valued at about $46,000.

Schwab US Broad Market ETF Stock Down 1.7 %

SCHB traded down $1.08 on Friday, hitting $62.54. The company had a trading volume of 753,250 shares, compared to its average volume of 785,616. The business’s fifty day simple moving average is $63.64 and its 200 day simple moving average is $61.60. Schwab US Broad Market ETF has a 12-month low of $47.46 and a 12-month high of $65.57. The company has a market cap of $28.75 billion, a PE ratio of 25.24 and a beta of 1.02.

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.