AMI Investment Management Inc. Has $2.31 Million Stock Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

AMI Investment Management Inc. increased its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 190.7% during the 4th quarter, Holdings Channel reports. The institutional investor owned 101,676 shares of the company’s stock after buying an additional 66,697 shares during the period. AMI Investment Management Inc.’s holdings in Schwab US Broad Market ETF were worth $2,308,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in SCHB. Strategic Investment Solutions Inc. IL acquired a new position in shares of Schwab US Broad Market ETF during the second quarter worth approximately $28,000. Global Financial Private Client LLC increased its position in Schwab US Broad Market ETF by 200.0% in the fourth quarter. Global Financial Private Client LLC now owns 1,332 shares of the company’s stock worth $30,000 after purchasing an additional 888 shares during the period. GAMMA Investing LLC raised its stake in shares of Schwab US Broad Market ETF by 200.0% during the fourth 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 last quarter. Marquette Asset Management LLC grew its holdings in Schwab US Broad Market ETF by 200.0% during 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 during the period. Finally, Godsey & Gibb Inc. raised its position in shares of Schwab US Broad Market ETF by 200.0% during the 4th quarter. Godsey & Gibb Inc. now owns 2,103 shares of the company’s stock valued at $48,000 after acquiring an additional 1,402 shares during the last quarter.

Schwab US Broad Market ETF Stock Up 1.0 %

NYSEARCA:SCHB opened at $23.21 on Monday. Schwab US Broad Market ETF has a 12-month low of $18.34 and a 12-month 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’s fifty day simple moving average is $23.12 and its 200-day simple moving average is $22.19.

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.