Great Lakes Retirement Inc. Has $20.16 Million Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Great Lakes Retirement Inc. raised its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 196.1% in the fourth quarter, Holdings Channel reports. The fund owned 887,907 shares of the company’s stock after buying an additional 588,044 shares during the quarter. Schwab US Broad Market ETF comprises approximately 2.6% of Great Lakes Retirement Inc.’s investment portfolio, making the stock its 8th biggest holding. Great Lakes Retirement Inc.’s holdings in Schwab US Broad Market ETF were worth $20,155,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Hengehold Capital Management LLC boosted its stake in Schwab US Broad Market ETF by 192.6% during the 4th quarter. Hengehold Capital Management LLC now owns 8,942,406 shares of the company’s stock valued at $202,993,000 after purchasing an additional 5,886,366 shares during the period. Strid Group LLC increased its position in Schwab US Broad Market ETF by 197.8% in the 4th quarter. Strid Group LLC now owns 8,530,226 shares of the company’s stock worth $193,636,000 after buying an additional 5,666,068 shares during the period. Strategic Financial Concepts LLC lifted its holdings in shares of Schwab US Broad Market ETF by 6,492.3% during the fourth quarter. Strategic Financial Concepts LLC now owns 4,959,692 shares of the company’s stock worth $112,585,000 after buying an additional 4,884,457 shares during the last quarter. HB Wealth Management LLC boosted its position in shares of Schwab US Broad Market ETF by 192.5% in the fourth quarter. HB Wealth Management LLC now owns 6,505,668 shares of the company’s stock valued at $147,681,000 after acquiring an additional 4,281,591 shares during the period. Finally, HT Partners LLC grew its stake in shares of Schwab US Broad Market ETF by 202.6% in the fourth quarter. HT Partners LLC now owns 6,053,331 shares of the company’s stock worth $137,411,000 after acquiring an additional 4,052,932 shares during the last quarter.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB stock opened at $23.47 on Wednesday. The firm has a market capitalization of $10.79 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 $19.04 and a 1 year high of $23.73. The firm’s fifty day simple moving average is $23.20 and its 200 day simple moving average is $22.42.

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.