Evensky & Katz LLC Reduces Stake in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Evensky & Katz LLC lowered its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 0.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,650,324 shares of the company’s stock after selling 22,495 shares during the quarter. Schwab US Broad Market ETF accounts for about 26.4% of Evensky & Katz LLC’s holdings, making the stock its biggest position. Evensky & Katz LLC owned about 1.30% of Schwab US Broad Market ETF worth $158,833,000 as of its most recent filing with the SEC.

Other large investors have also recently added to or reduced their stakes in the company. NewSquare Capital LLC acquired a new stake in Schwab US Broad Market ETF in the 4th quarter worth $37,000. Simplex Trading LLC bought a new stake in Schwab US Broad Market ETF in the fourth quarter worth $51,000. Legacy Bridge LLC purchased a new stake in Schwab US Broad Market ETF during the 4th quarter valued at $61,000. Sterling Investment Advisors Ltd. raised its holdings in Schwab US Broad Market ETF by 25.6% in the fourth quarter. Sterling Investment Advisors Ltd. now owns 1,470 shares of the company’s stock worth $88,000 after purchasing an additional 300 shares in the last quarter. Finally, McAdam LLC increased its holdings in Schwab US Broad Market ETF by 88.5% in the 3rd quarter. McAdam LLC now owns 1,663 shares of the company’s stock worth $117,000 after buying an additional 781 shares during the period.

Shares of NYSEARCA:SCHB opened at $66.42 on Thursday. Schwab US Broad Market ETF has a fifty-two week low of $56.12 and a fifty-two week high of $71.36.

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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.

Further Reading: Quiet Period Expirations Explained

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

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