Chesapeake Wealth Management Raises Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Chesapeake Wealth Management increased its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 2.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 68,426 shares of the company’s stock after buying an additional 1,847 shares during the quarter. Schwab US Broad Market ETF accounts for about 1.6% of Chesapeake Wealth Management’s portfolio, making the stock its 16th largest position. Chesapeake Wealth Management’s holdings in Schwab US Broad Market ETF were worth $4,302,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. lifted its stake in shares of Schwab US Broad Market ETF by 239.2% during the fourth quarter. Goldman Sachs Group Inc. now owns 569,299 shares of the company’s stock worth $31,693,000 after buying an additional 401,485 shares during the period. NYL Investors LLC increased its holdings in shares of Schwab US Broad Market ETF by 43.1% in the fourth quarter. NYL Investors LLC now owns 70,000 shares of the company’s stock valued at $3,897,000 after purchasing an additional 21,100 shares during the period. Agilis Partners LLC raised its stake in shares of Schwab US Broad Market ETF by 6.6% in the fourth quarter. Agilis Partners LLC now owns 903,629 shares of the company’s stock worth $50,305,000 after purchasing an additional 55,670 shares during the last quarter. EP Wealth Advisors LLC lifted its holdings in shares of Schwab US Broad Market ETF by 64.8% during the fourth quarter. EP Wealth Advisors LLC now owns 33,102 shares of the company’s stock worth $1,843,000 after purchasing an additional 13,019 shares during the period. Finally, Burkett Financial Services LLC purchased a new position in Schwab US Broad Market ETF during the 4th quarter worth approximately $603,000.

Schwab US Broad Market ETF Trading Down 0.2 %

Shares of NYSEARCA SCHB opened at $66.09 on Friday. The stock has a market cap of $30.38 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a 12 month low of $47.46 and a 12 month high of $66.45. The company has a 50 day simple moving average of $63.83 and a two-hundred day simple moving average of $62.00.

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.