Strid Group LLC Has $85.34 Million Stake in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Strid Group LLC reduced its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 0.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,110,065 shares of the company’s stock after selling 8,713 shares during the quarter. Schwab US Broad Market ETF comprises approximately 27.1% of Strid Group LLC’s holdings, making the stock its largest position. Strid Group LLC owned 0.52% of Schwab US Broad Market ETF worth $85,342,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of SCHB. Versant Capital Management Inc boosted its position in Schwab US Broad Market ETF by 1.2% during the 3rd quarter. Versant Capital Management Inc now owns 12,109 shares of the company’s stock worth $860,000 after acquiring an additional 140 shares during the period. Comprehensive Portfolio Management LLC boosted its position in Schwab US Broad Market ETF by 2.8% during the 3rd quarter. Comprehensive Portfolio Management LLC now owns 5,204 shares of the company’s stock worth $370,000 after acquiring an additional 141 shares during the period. Sigma Investment Counselors Inc. boosted its position in Schwab US Broad Market ETF by 0.9% during the 3rd quarter. Sigma Investment Counselors Inc. now owns 15,936 shares of the company’s stock worth $1,132,000 after acquiring an additional 145 shares during the period. Evermay Wealth Management LLC boosted its position in Schwab US Broad Market ETF by 1.2% during the 3rd quarter. Evermay Wealth Management LLC now owns 12,381 shares of the company’s stock worth $879,000 after acquiring an additional 150 shares during the period. Finally, Cadinha & Co. LLC boosted its position in Schwab US Broad Market ETF by 4.3% during the 3rd quarter. Cadinha & Co. LLC now owns 4,142 shares of the company’s stock worth $294,000 after acquiring an additional 172 shares during the period.

SCHB stock traded up $0.09 during trading on Friday, reaching $79.21. 8,980 shares of the company’s stock were exchanged, compared to its average volume of 775,148. Schwab US Broad Market ETF has a 1-year low of $62.63 and a 1-year high of $79.12. The company’s fifty day moving average price is $76.45 and its 200-day moving average price is $72.72.

About Schwab US Broad Market ETF

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.

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

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