GUNN & Co INVESTMENT MANAGEMENT INC. Makes New Investment in Schwab US Broad Market ETF (NYSEARCA:SCHB)

GUNN & Co INVESTMENT MANAGEMENT INC. bought a new stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 3,650 shares of the company’s stock, valued at approximately $203,000.

Other hedge funds have also modified their holdings of the company. Rebalance LLC increased its stake in Schwab US Broad Market ETF by 0.7% during the third quarter. Rebalance LLC now owns 3,609,987 shares of the company’s stock valued at $179,958,000 after purchasing an additional 25,598 shares during the last quarter. Hengehold Capital Management LLC grew its position in shares of Schwab US Broad Market ETF by 1.0% during the 4th quarter. Hengehold Capital Management LLC now owns 3,015,692 shares of the company’s stock valued at $167,884,000 after buying an additional 30,118 shares during the last quarter. Bouchey Financial Group Ltd raised its stake in Schwab US Broad Market ETF by 11.0% during the fourth quarter. Bouchey Financial Group Ltd now owns 2,393,274 shares of the company’s stock worth $133,234,000 after acquiring an additional 237,905 shares during the period. Evergreen Advisors LLC lifted its holdings in Schwab US Broad Market ETF by 2.1% in the third quarter. Evergreen Advisors LLC now owns 2,185,199 shares of the company’s stock worth $108,932,000 after acquiring an additional 45,230 shares during the last quarter. Finally, HighTower Advisors LLC boosted its stake in Schwab US Broad Market ETF by 74.8% in the third quarter. HighTower Advisors LLC now owns 1,822,524 shares of the company’s stock valued at $90,783,000 after acquiring an additional 779,722 shares during the period.

Schwab US Broad Market ETF Trading Up 1.2 %

Shares of Schwab US Broad Market ETF stock opened at $59.54 on Monday. The stock has a market capitalization of $27.35 billion, a price-to-earnings ratio of 24.20 and a beta of 1.03. Schwab US Broad Market ETF has a twelve month low of $46.92 and a twelve month high of $61.18. The business’s 50 day simple moving average is $59.63 and its 200-day simple moving average is $56.16.

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.