Gray Wealth Management Inc. Boosts Stock Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Gray Wealth Management Inc. lifted its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 197.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 76,384 shares of the company’s stock after purchasing an additional 50,695 shares during the period. Gray Wealth Management Inc.’s holdings in Schwab US Broad Market ETF were worth $1,734,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Oppenheimer & Co. Inc. bought a new stake in shares of Schwab US Broad Market ETF in the 3rd quarter worth approximately $291,000. Accredited Investors Inc. increased its position in Schwab US Broad Market ETF by 0.5% during the 3rd quarter. Accredited Investors Inc. now owns 1,619,374 shares of the company’s stock valued at $107,721,000 after purchasing an additional 7,749 shares during the period. Sawgrass Asset Management LLC lifted its position in shares of Schwab US Broad Market ETF by 23.8% in the 3rd quarter. Sawgrass Asset Management LLC now owns 75,717 shares of the company’s stock worth $5,037,000 after purchasing an additional 14,545 shares during the period. Claro Advisors LLC bought a new stake in shares of Schwab US Broad Market ETF during the 3rd quarter valued at about $201,000. Finally, MAI Capital Management boosted its stake in shares of Schwab US Broad Market ETF by 1.8% during the 3rd quarter. MAI Capital Management now owns 84,046 shares of the company’s stock valued at $5,591,000 after purchasing an additional 1,518 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

SCHB stock opened at $21.69 on Monday. Schwab US Broad Market ETF has a 1 year low of $19.14 and a 1 year high of $23.77. The firm has a 50-day moving average of $22.97 and a 200 day moving average of $22.70. The company has a market cap of $31.02 billion, a P/E ratio of 23.90 and a beta of 1.05.

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.