StrategIQ Financial Group LLC Sells 315 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

StrategIQ Financial Group LLC lowered its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHBFree Report) by 2.9% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,679 shares of the company’s stock after selling 315 shares during the quarter. StrategIQ Financial Group LLC’s holdings in Schwab US Broad Market ETF were worth $594,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of SCHB. Moneta Group Investment Advisors LLC raised its holdings in shares of Schwab US Broad Market ETF by 112,256.3% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 45,434,657 shares of the company’s stock worth $2,035,927,000 after purchasing an additional 45,394,219 shares during the period. Wealthfront Advisers LLC raised its holdings in shares of Schwab US Broad Market ETF by 93.3% in the 1st quarter. Wealthfront Advisers LLC now owns 28,076,551 shares of the company’s stock worth $1,499,007,000 after purchasing an additional 13,553,949 shares during the period. Mariner LLC raised its holdings in shares of Schwab US Broad Market ETF by 254.7% in the 1st quarter. Mariner LLC now owns 1,348,142 shares of the company’s stock worth $71,977,000 after purchasing an additional 968,088 shares during the period. HighTower Advisors LLC raised its holdings in shares of Schwab US Broad Market ETF by 74.8% in the 3rd quarter. HighTower Advisors LLC now owns 1,822,524 shares of the company’s stock worth $90,783,000 after purchasing an additional 779,722 shares during the period. Finally, Royal Bank of Canada raised its holdings in shares of Schwab US Broad Market ETF by 108.9% in the 1st quarter. Royal Bank of Canada now owns 723,509 shares of the company’s stock worth $38,628,000 after purchasing an additional 377,147 shares during the period.

Schwab US Broad Market ETF Trading Up 0.4 %

Shares of NYSEARCA:SCHB traded up $0.22 during mid-day trading on Wednesday, reaching $60.64. The company had a trading volume of 186,909 shares, compared to its average volume of 843,167. The firm has a market cap of $27.01 billion, a price-to-earnings ratio of 17.59 and a beta of 1.03. The company’s 50-day moving average price is $58.99 and its 200-day moving average price is $54.71. Schwab US Broad Market ETF has a one year low of $46.92 and a one year high of $61.18.

Schwab US Broad Market ETF Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Schwab US Broad Market ETF (NYSEARCA:SCHB)

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