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

Chesapeake Wealth Management grew its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 2.8% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 68,426 shares of the company’s stock after purchasing an additional 1,847 shares during the quarter. Schwab US Broad Market ETF makes up about 1.6% of Chesapeake Wealth Management’s portfolio, making the stock its 16th biggest holding. Chesapeake Wealth Management’s holdings in Schwab US Broad Market ETF were worth $4,302,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in SCHB. Goldman Sachs Group Inc. raised its position in shares of Schwab US Broad Market ETF by 239.2% in the fourth quarter. Goldman Sachs Group Inc. now owns 569,299 shares of the company’s stock worth $31,693,000 after acquiring an additional 401,485 shares during the period. NYL Investors LLC increased its stake in shares of Schwab US Broad Market ETF by 43.1% in the 4th 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 in the last quarter. Agilis Partners LLC boosted its position in Schwab US Broad Market ETF by 6.6% during 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 in the last quarter. EP Wealth Advisors LLC increased its position in shares of Schwab US Broad Market ETF by 64.8% in the fourth quarter. EP Wealth Advisors LLC now owns 33,102 shares of the company’s stock valued at $1,843,000 after buying an additional 13,019 shares in the last quarter. Finally, Burkett Financial Services LLC purchased a new position in shares of Schwab US Broad Market ETF during the 4th quarter valued at approximately $603,000.

Schwab US Broad Market ETF Stock Performance

Shares of NYSEARCA SCHB opened at $66.09 on Friday. The firm has a market cap of $30.38 billion, a PE ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a one year low of $47.46 and a one year high of $66.45. The firm has a fifty day moving average of $63.83 and a 200 day 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.