Chesapeake Wealth Management Raises Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Chesapeake Wealth Management raised its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 201.9% in the fourth quarter, HoldingsChannel reports. The firm owned 207,141 shares of the company’s stock after buying an additional 138,532 shares during the quarter. Schwab US Broad Market ETF makes up 1.6% of Chesapeake Wealth Management’s investment portfolio, making the stock its 17th biggest position. Chesapeake Wealth Management’s holdings in Schwab US Broad Market ETF were worth $4,702,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Strategic Investment Solutions Inc. IL bought a new position in Schwab US Broad Market ETF during the 2nd quarter valued at approximately $28,000. Global Financial Private Client LLC raised its position in shares of Schwab US Broad Market ETF by 200.0% in the 4th quarter. Global Financial Private Client LLC now owns 1,332 shares of the company’s stock worth $30,000 after acquiring an additional 888 shares in the last quarter. GAMMA Investing LLC raised its position in shares of Schwab US Broad Market ETF by 200.0% in the 4th quarter. GAMMA Investing LLC now owns 1,446 shares of the company’s stock worth $33,000 after acquiring an additional 964 shares in the last quarter. Marquette Asset Management LLC raised its position in shares of Schwab US Broad Market ETF by 200.0% in the 4th quarter. Marquette Asset Management LLC now owns 1,593 shares of the company’s stock worth $36,000 after acquiring an additional 1,062 shares in the last quarter. Finally, Godsey & Gibb Inc. raised its position in shares of Schwab US Broad Market ETF by 200.0% in the 4th quarter. Godsey & Gibb Inc. now owns 2,103 shares of the company’s stock worth $48,000 after acquiring an additional 1,402 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of NYSEARCA:SCHB opened at $23.21 on Tuesday. Schwab US Broad Market ETF has a 52-week low of $18.34 and a 52-week high of $23.73. The firm has a market capitalization of $10.67 billion, a P/E ratio of 25.24 and a beta of 1.02. The stock has a 50 day moving average price of $23.12 and a 200-day moving average price of $22.21.

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.