Gleason Group Inc. Purchases 71,189 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Gleason Group Inc. boosted its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 231.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 101,902 shares of the company’s stock after buying an additional 71,189 shares during the quarter. Schwab US Broad Market ETF makes up about 0.4% of Gleason Group Inc.’s portfolio, making the stock its 22nd biggest position. Gleason Group Inc.’s holdings in Schwab US Broad Market ETF were worth $2,313,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Schwab US Broad Market ETF in the second quarter valued at approximately $28,000. Joseph Group Capital Management bought a new position in Schwab US Broad Market ETF in the third quarter valued at $66,000. Northwest Investment Counselors LLC acquired a new stake in Schwab US Broad Market ETF in the 3rd quarter valued at $69,000. GAMMA Investing LLC increased its stake in 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 valued at $33,000 after buying an additional 964 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its position in Schwab US Broad Market ETF by 314.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,310 shares of the company’s stock worth $148,000 after buying an additional 1,752 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

Shares of NYSEARCA SCHB opened at $22.54 on Tuesday. The business has a 50-day moving average of $23.12 and a 200-day moving average of $22.14. The stock has a market capitalization of $10.36 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a fifty-two week low of $18.25 and a fifty-two week high of $23.73.

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.