Ironwood Financial llc Reduces Stock Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Ironwood Financial llc cut its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 22.9% during the fourth quarter, HoldingsChannel.com reports. The fund owned 39,031 shares of the company’s stock after selling 11,565 shares during the quarter. Schwab US Broad Market ETF makes up 1.4% of Ironwood Financial llc’s holdings, making the stock its 15th largest position. Ironwood Financial llc’s holdings in Schwab US Broad Market ETF were worth $3,001,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in SCHB. FMR LLC grew its position in shares of Schwab US Broad Market ETF by 1.4% during the first quarter. FMR LLC now owns 18,728 shares of the company’s stock worth $1,266,000 after acquiring an additional 261 shares during the last quarter. Ironwood Wealth Management LLC. grew its position in shares of Schwab US Broad Market ETF by 4.2% during the second quarter. Ironwood Wealth Management LLC. now owns 47,285 shares of the company’s stock worth $3,335,000 after acquiring an additional 1,890 shares during the last quarter. Bank of Montreal Can grew its position in shares of Schwab US Broad Market ETF by 16.3% during the second quarter. Bank of Montreal Can now owns 2,658 shares of the company’s stock worth $188,000 after acquiring an additional 373 shares during the last quarter. Parametric Portfolio Associates LLC purchased a new position in Schwab US Broad Market ETF in the 2nd quarter valued at $347,000. Finally, US Bancorp DE grew its position in Schwab US Broad Market ETF by 392.3% in the 2nd quarter. US Bancorp DE now owns 1,477 shares of the company’s stock valued at $104,000 after buying an additional 1,177 shares during the last quarter.

NYSEARCA:SCHB traded down $0.73 during midday trading on Friday, reaching $78.48. The stock had a trading volume of 27,422 shares, compared to its average volume of 737,120. The firm has a fifty day simple moving average of $77.04 and a two-hundred day simple moving average of $73.01. Schwab US Broad Market ETF has a 12-month low of $63.14 and a 12-month high of $79.54.

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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