Triangle Securities Wealth Management raised its stake in Schwab Strategic Trust (NYSEARCA:SCHM) by 4.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 151,763 shares of the company’s stock after acquiring an additional 6,834 shares during the period. Schwab Strategic Trust makes up 4.6% of Triangle Securities Wealth Management’s portfolio, making the stock its 2nd biggest position. Triangle Securities Wealth Management owned approximately 0.19% of Schwab Strategic Trust worth $8,084,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Marquette Asset Management LLC lifted its holdings in shares of Schwab Strategic Trust by 0.8% during the fourth quarter. Marquette Asset Management LLC now owns 163,438 shares of the company’s stock valued at $8,706,000 after purchasing an additional 1,294 shares in the last quarter. Raub Brock Capital Management LP bought a new position in shares of Schwab Strategic Trust during the fourth quarter valued at $276,000. Finally, Vista Private Wealth Partners. LLC bought a new position in shares of Schwab Strategic Trust during the third quarter valued at $10,857,000.
Shares of Schwab Strategic Trust (SCHM) traded up $0.43 during trading hours on Wednesday, hitting $54.90. The stock had a trading volume of 289,330 shares, compared to its average volume of 484,618. Schwab Strategic Trust has a 1 year low of $45.48 and a 1 year high of $55.22.
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