Manchester Financial Inc. Sells 78,608 Shares of Schwab US Broad Market ETF $SCHB

Manchester Financial Inc. trimmed its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 2.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,452,031 shares of the company’s stock after selling 78,608 shares during the quarter. Schwab US Broad Market ETF accounts for about 17.7% of Manchester Financial Inc.’s portfolio, making the stock its largest position. Manchester Financial Inc.’s holdings in Schwab US Broad Market ETF were worth $88,752,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Gallagher Fiduciary Advisors LLC lifted its holdings in shares of Schwab US Broad Market ETF by 2,295.8% during the second quarter. Gallagher Fiduciary Advisors LLC now owns 64,764,324 shares of the company’s stock worth $1,543,334,000 after purchasing an additional 62,061,116 shares during the period. Rebalance LLC raised its position in Schwab US Broad Market ETF by 10.1% during the 2nd quarter. Rebalance LLC now owns 13,159,188 shares of the company’s stock worth $313,583,000 after purchasing an additional 1,209,350 shares during the last quarter. SCS Capital Management LLC raised its position in Schwab US Broad Market ETF by 2.7% during the 2nd quarter. SCS Capital Management LLC now owns 12,223,396 shares of the company’s stock worth $291,284,000 after purchasing an additional 322,220 shares during the last quarter. Strid Group LLC lifted its holdings in Schwab US Broad Market ETF by 0.5% during the 2nd quarter. Strid Group LLC now owns 8,658,237 shares of the company’s stock worth $206,322,000 after buying an additional 43,935 shares during the period. Finally, Bouchey Financial Group Ltd grew its position in shares of Schwab US Broad Market ETF by 0.5% in the 2nd quarter. Bouchey Financial Group Ltd now owns 8,275,927 shares of the company’s stock valued at $197,215,000 after buying an additional 37,462 shares during the last quarter.

Schwab US Broad Market ETF Trading Up 0.3%

Shares of SCHB stock opened at $26.50 on Wednesday. Schwab US Broad Market ETF has a 1-year low of $18.52 and a 1-year high of $26.57. The stock has a market cap of $38.55 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. The stock has a 50-day moving average of $26.05 and a 200-day moving average of $25.11.

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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.