Ausdal Financial Partners Inc. Cuts Stock Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Ausdal Financial Partners Inc. trimmed its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 0.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 35,415 shares of the company’s stock after selling 265 shares during the period. Ausdal Financial Partners Inc.’s holdings in Schwab US Broad Market ETF were worth $2,227,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Strategic Financial Concepts LLC raised its position in shares of Schwab US Broad Market ETF by 6,212.4% during the 2nd quarter. Strategic Financial Concepts LLC now owns 4,696,336 shares of the company’s stock valued at $291,000 after buying an additional 4,621,937 shares in the last quarter. Rebalance LLC raised its position in Schwab US Broad Market ETF by 1.6% during the second quarter. Rebalance LLC now owns 3,656,627 shares of the company’s stock valued at $229,892,000 after purchasing an additional 55,848 shares in the last quarter. Strid Group LLC lifted its stake in Schwab US Broad Market ETF by 7.6% during the second quarter. Strid Group LLC now owns 2,752,877 shares of the company’s stock worth $173,073,000 after purchasing an additional 195,347 shares during the last quarter. FORVIS Wealth Advisors LLC lifted its stake in Schwab US Broad Market ETF by 5.6% during the first quarter. FORVIS Wealth Advisors LLC now owns 1,709,132 shares of the company’s stock worth $104,343,000 after purchasing an additional 91,079 shares during the last quarter. Finally, Accredited Investors Inc. boosted its holdings in shares of Schwab US Broad Market ETF by 55.5% in the 2nd quarter. Accredited Investors Inc. now owns 1,611,625 shares of the company’s stock worth $101,323,000 after purchasing an additional 575,019 shares in the last quarter.

Schwab US Broad Market ETF Stock Down 1.7 %

Shares of NYSEARCA SCHB traded down $1.08 during trading hours on Friday, reaching $62.54. 753,250 shares of the stock traded hands, compared to its average volume of 785,616. The company’s 50-day simple moving average is $63.64 and its two-hundred day simple moving average is $61.62. The company has a market capitalization of $28.75 billion, a P/E 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.

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.