Compass Ion Advisors LLC Has $3.60 Million Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Compass Ion Advisors LLC lowered its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 0.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 58,941 shares of the company’s stock after selling 555 shares during the quarter. Schwab US Broad Market ETF accounts for about 0.5% of Compass Ion Advisors LLC’s investment portfolio, making the stock its 28th biggest position. Compass Ion Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $3,598,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Creative Financial Designs Inc. ADV raised its stake in shares of Schwab US Broad Market ETF by 55.3% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 621 shares of the company’s stock valued at $35,000 after acquiring an additional 221 shares during the last quarter. BKM Wealth Management LLC bought a new position in Schwab US Broad Market ETF in the 4th quarter valued at $41,000. Bfsg LLC acquired a new position in Schwab US Broad Market ETF in the fourth quarter worth $41,000. Johnson Financial Group Inc. grew its holdings in shares of 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 purchasing an additional 319 shares during the last quarter. Finally, Evolution Advisers Inc. increased its stake in shares of Schwab US Broad Market ETF by 33.8% in the fourth quarter. Evolution Advisers Inc. now owns 756 shares of the company’s stock valued at $42,000 after buying an additional 191 shares in the last quarter.

Schwab US Broad Market ETF Stock Down 0.3 %

Shares of NYSEARCA SCHB opened at $62.87 on Monday. Schwab US Broad Market ETF has a 12-month low of $47.46 and a 12-month high of $63.52. The firm’s 50-day simple moving average is $61.21 and its 200 day simple moving average is $59.09. The company has a market cap of $28.90 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02.

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.