Schwab US Broad Market ETF (NYSEARCA:SCHB) is Milliman Financial Risk Management LLC’s 6th Largest Position

Milliman Financial Risk Management LLC trimmed its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 5.4% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 11,977,817 shares of the company’s stock after selling 677,228 shares during the quarter. Schwab US Broad Market ETF makes up approximately 9.0% of Milliman Financial Risk Management LLC’s investment portfolio, making the stock its 6th largest position. Milliman Financial Risk Management LLC owned about 5.49% of Schwab US Broad Market ETF worth $844,795,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHB. Ironwood Wealth Management LLC. boosted its stake in Schwab US Broad Market ETF by 3.3% during the first quarter. Ironwood Wealth Management LLC. now owns 45,395 shares of the company’s stock worth $3,089,000 after buying an additional 1,456 shares during the last quarter. Mercer Global Advisors Inc. ADV acquired a new position in Schwab US Broad Market ETF during the first quarter worth $2,096,000. Ellis Investment Partners LLC acquired a new position in Schwab US Broad Market ETF during the first quarter worth $27,000. Bailard Inc. boosted its stake in Schwab US Broad Market ETF by 4.7% during the first quarter. Bailard Inc. now owns 13,287 shares of the company’s stock worth $904,000 after buying an additional 591 shares during the last quarter. Finally, Creative Planning boosted its stake in Schwab US Broad Market ETF by 8.0% during the first quarter. Creative Planning now owns 93,402 shares of the company’s stock worth $6,356,000 after buying an additional 6,940 shares during the last quarter.

NYSEARCA SCHB traded down $1.79 on Friday, reaching $68.30. 1,091,241 shares of the company were exchanged, compared to its average volume of 1,029,232. The business’s fifty day moving average price is $70.85 and its 200 day moving average price is $69.11. Schwab US Broad Market ETF has a fifty-two week low of $56.12 and a fifty-two week high of $72.63.

Schwab US Broad Market ETF Company 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.

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

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