Breakwater Investment Management Increases Stock Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Breakwater Investment Management increased its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 196.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 945,384 shares of the company’s stock after buying an additional 626,838 shares during the period. Schwab US Broad Market ETF comprises approximately 9.0% of Breakwater Investment Management’s holdings, making the stock its 2nd largest position. Breakwater Investment Management owned 0.21% of Schwab US Broad Market ETF worth $21,460,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Strategic Investment Solutions Inc. IL bought a new position in shares of Schwab US Broad Market ETF in the second quarter worth about $28,000. Global Financial Private Client LLC lifted its holdings in 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 purchasing an additional 888 shares in the last quarter. GAMMA Investing LLC boosted 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 worth $33,000 after purchasing an additional 964 shares during the period. 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 valued at $36,000 after buying an additional 1,062 shares in the last quarter. Finally, Godsey & Gibb Inc. grew its holdings in 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 buying an additional 1,402 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

SCHB stock opened at $23.21 on Tuesday. The company’s fifty day moving average price is $23.12 and its 200-day moving average price is $22.21. Schwab US Broad Market ETF has a one year low of $18.34 and a one year high of $23.73. The company has a market capitalization of $10.67 billion, a PE ratio of 25.24 and a beta of 1.02.

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.