Great Lakes Retirement Inc. Buys 588,044 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Great Lakes Retirement Inc. lifted its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 196.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 887,907 shares of the company’s stock after buying an additional 588,044 shares during the quarter. Schwab US Broad Market ETF accounts for approximately 2.6% of Great Lakes Retirement Inc.’s holdings, making the stock its 8th largest holding. Great Lakes Retirement Inc. owned about 0.19% of Schwab US Broad Market ETF worth $20,155,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Hengehold Capital Management LLC raised its stake in shares of Schwab US Broad Market ETF by 192.6% in the 4th quarter. Hengehold Capital Management LLC now owns 8,942,406 shares of the company’s stock valued at $202,993,000 after purchasing an additional 5,886,366 shares in the last quarter. Strid Group LLC increased its holdings in Schwab US Broad Market ETF by 197.8% in the fourth quarter. Strid Group LLC now owns 8,530,226 shares of the company’s stock valued at $193,636,000 after buying an additional 5,666,068 shares during the last quarter. Strategic Financial Concepts LLC increased its holdings in Schwab US Broad Market ETF by 6,492.3% in the fourth quarter. Strategic Financial Concepts LLC now owns 4,959,692 shares of the company’s stock valued at $112,585,000 after buying an additional 4,884,457 shares during the last quarter. HB Wealth Management LLC raised its stake in Schwab US Broad Market ETF by 192.5% during the fourth quarter. HB Wealth Management LLC now owns 6,505,668 shares of the company’s stock valued at $147,681,000 after buying an additional 4,281,591 shares in the last quarter. Finally, HT Partners LLC lifted its holdings in Schwab US Broad Market ETF by 202.6% during the 4th quarter. HT Partners LLC now owns 6,053,331 shares of the company’s stock worth $137,411,000 after buying an additional 4,052,932 shares during the last quarter.

Schwab US Broad Market ETF Stock Performance

SCHB stock opened at $23.47 on Wednesday. The stock’s 50 day simple moving average is $23.20 and its 200 day simple moving average is $22.42. Schwab US Broad Market ETF has a 12-month low of $19.04 and a 12-month high of $23.73. The firm has a market cap of $10.79 billion, a P/E ratio of 25.24 and a beta of 1.02.

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.