Gleason Group Inc. Buys 4,498 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Gleason Group Inc. grew its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 17.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 29,678 shares of the company’s stock after buying an additional 4,498 shares during the quarter. Schwab US Broad Market ETF accounts for approximately 0.4% of Gleason Group Inc.’s portfolio, making the stock its 23rd largest holding. Gleason Group Inc.’s holdings in Schwab US Broad Market ETF were worth $1,652,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Sharkey Howes & Javer boosted its holdings in shares of Schwab US Broad Market ETF by 1.7% during the fourth quarter. Sharkey Howes & Javer now owns 135,648 shares of the company’s stock worth $7,552,000 after purchasing an additional 2,286 shares during the period. Geometric Wealth Advisors grew its stake in shares of Schwab US Broad Market ETF by 0.9% in the fourth quarter. Geometric Wealth Advisors now owns 28,112 shares of the company’s stock worth $1,565,000 after purchasing an additional 256 shares during the last quarter. John W. Brooker & Co. CPAs grew its stake in shares of Schwab US Broad Market ETF by 1.8% in the fourth quarter. John W. Brooker & Co. CPAs now owns 47,236 shares of the company’s stock worth $2,630,000 after purchasing an additional 841 shares during the last quarter. Precedent Wealth Partners LLC bought a new stake in shares of Schwab US Broad Market ETF in the fourth quarter worth about $221,000. Finally, Caprock Group LLC grew its stake in shares of Schwab US Broad Market ETF by 0.5% in the fourth quarter. Caprock Group LLC now owns 790,598 shares of the company’s stock worth $44,013,000 after purchasing an additional 4,066 shares during the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of NYSEARCA SCHB traded up $0.04 during trading hours on Friday, hitting $61.05. The company’s stock had a trading volume of 810,089 shares, compared to its average volume of 850,581. The stock has a market cap of $27.19 billion, a price-to-earnings ratio of 17.59 and a beta of 1.03. Schwab US Broad Market ETF has a 12 month low of $46.57 and a 12 month high of $61.18. The business has a 50-day simple moving average of $58.82 and a 200-day simple moving average of $54.56.

About Schwab US Broad Market ETF

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.