GAMMA Investing LLC Purchases 964 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

GAMMA Investing LLC grew its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,446 shares of the company’s stock after buying an additional 964 shares during the quarter. GAMMA Investing LLC’s holdings in Schwab US Broad Market ETF were worth $33,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in SCHB. Versant Capital Management Inc raised its stake in shares of Schwab US Broad Market ETF by 201.0% during the fourth quarter. Versant Capital Management Inc now owns 14,004 shares of the company’s stock valued at $318,000 after acquiring an additional 9,352 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Schwab US Broad Market ETF by 5.7% in the third quarter. JPMorgan Chase & Co. now owns 383,506 shares of the company’s stock valued at $25,511,000 after acquiring an additional 20,569 shares in the last quarter. Boulder Wealth Advisors LLC boosted its position in shares of Schwab US Broad Market ETF by 1.2% in the 3rd quarter. Boulder Wealth Advisors LLC now owns 502,321 shares of the company’s stock worth $33,414,000 after purchasing an additional 5,879 shares in the last quarter. Franklin Resources Inc. grew its stake in shares of Schwab US Broad Market ETF by 952.4% during the third quarter. Franklin Resources Inc. now owns 4,420 shares of the company’s stock worth $294,000 after acquiring an additional 4,000 shares during the last quarter. Finally, Tidal Investments LLC purchased a new stake in Schwab US Broad Market ETF during the 3rd quarter worth approximately $734,000.

Schwab US Broad Market ETF Price Performance

NYSEARCA:SCHB opened at $22.58 on Wednesday. The company’s fifty day moving average price is $23.13 and its 200-day moving average price is $22.15. The firm has a market capitalization of $10.38 billion, a P/E ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a 1-year low of $18.25 and a 1-year high of $23.73.

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.