Gemmer Asset Management LLC Buys 779,241 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Gemmer Asset Management LLC lifted its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 203.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,161,779 shares of the company’s stock after buying an additional 779,241 shares during the period. Schwab US Broad Market ETF makes up approximately 2.6% of Gemmer Asset Management LLC’s holdings, making the stock its 11th largest holding. Gemmer Asset Management LLC owned about 0.25% of Schwab US Broad Market ETF worth $26,372,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Zhang Financial LLC grew its holdings in Schwab US Broad Market ETF by 194.6% in the 4th quarter. Zhang Financial LLC now owns 440,230 shares of the company’s stock worth $9,993,000 after acquiring an additional 290,819 shares during the last quarter. MassMutual Private Wealth & Trust FSB boosted its holdings in shares of Schwab US Broad Market ETF by 196.7% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 38,575 shares of the company’s stock worth $876,000 after purchasing an additional 25,575 shares during the period. AMI Investment Management Inc. grew its stake in shares of Schwab US Broad Market ETF by 190.7% in the fourth quarter. AMI Investment Management Inc. now owns 101,676 shares of the company’s stock worth $2,308,000 after purchasing an additional 66,697 shares during the last quarter. UMB Bank n.a. increased its holdings in Schwab US Broad Market ETF by 200.0% during the 4th quarter. UMB Bank n.a. now owns 14,700 shares of the company’s stock valued at $334,000 after purchasing an additional 9,800 shares during the period. Finally, AHL Investment Management Inc. raised its position in Schwab US Broad Market ETF by 197.2% during the 4th quarter. AHL Investment Management Inc. now owns 285,647 shares of the company’s stock valued at $6,484,000 after purchasing an additional 189,541 shares during the last quarter.

Schwab US Broad Market ETF Stock Performance

NYSEARCA SCHB opened at $23.21 on Monday. Schwab US Broad Market ETF has a fifty-two week low of $18.34 and a fifty-two week high of $23.73. The stock has a market cap of $10.67 billion, a P/E ratio of 25.24 and a beta of 1.02. The stock has a 50 day simple moving average of $23.12 and a two-hundred day simple moving average of $22.19.

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.