Gleason Group Inc. Has $2.31 Million Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Gleason Group Inc. boosted its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 231.8% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 101,902 shares of the company’s stock after acquiring an additional 71,189 shares during the period. Schwab US Broad Market ETF accounts for 0.4% of Gleason Group Inc.’s portfolio, making the stock its 22nd largest position. Gleason Group Inc.’s holdings in Schwab US Broad Market ETF were worth $2,313,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in SCHB. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Schwab US Broad Market ETF during the second quarter worth $28,000. GAMMA Investing LLC grew its position in shares of Schwab US Broad Market ETF by 200.0% during the 4th quarter. GAMMA Investing LLC now owns 1,446 shares of the company’s stock worth $33,000 after buying an additional 964 shares during the period. Eastern Bank bought a new stake in shares of Schwab US Broad Market ETF in the 4th quarter valued at about $54,000. Joseph Group Capital Management bought a new stake in shares of Schwab US Broad Market ETF in the 3rd quarter valued at about $66,000. Finally, Northwest Investment Counselors LLC acquired a new stake in shares of Schwab US Broad Market ETF in the 3rd quarter valued at approximately $69,000.

Schwab US Broad Market ETF Stock Performance

Shares of NYSEARCA SCHB opened at $22.54 on Tuesday. The firm has a 50 day moving average price of $23.12 and a 200 day moving average price of $22.14. The stock has a market cap of $10.36 billion, a P/E ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a 52-week low of $18.25 and a 52-week high of $23.73.

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.