Burt Wealth Advisors increased its holdings in shares of Schwab Strategic Trust (NYSEARCA:SCHP) by 0.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 200,032 shares of the company’s stock after acquiring an additional 1,863 shares during the period. Schwab Strategic Trust makes up approximately 6.9% of Burt Wealth Advisors’ portfolio, making the stock its 5th biggest holding. Burt Wealth Advisors owned 0.36% of Schwab Strategic Trust worth $11,088,000 as of its most recent SEC filing.
Other hedge funds have also made changes to their positions in the company. CENTRAL TRUST Co purchased a new stake in Schwab Strategic Trust during the fourth quarter worth $107,000. One Capital Management LLC acquired a new position in Schwab Strategic Trust in the fourth quarter valued at $216,000. JMG Financial Group Ltd. acquired a new position in Schwab Strategic Trust in the fourth quarter valued at $236,000. Huber Financial Advisors LLC acquired a new position in Schwab Strategic Trust in the fourth quarter valued at $266,000. Finally, Bank of Montreal Can increased its stake in Schwab Strategic Trust by 21.5% in the fourth quarter. Bank of Montreal Can now owns 5,608 shares of the company’s stock valued at $311,000 after purchasing an additional 993 shares during the last quarter.
Schwab Strategic Trust (NYSEARCA:SCHP) traded down $0.13 during trading on Wednesday, reaching $54.17. The company had a trading volume of 196,183 shares, compared to its average volume of 495,298. Schwab Strategic Trust has a 52-week low of $54.16 and a 52-week high of $56.10.
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