Patriot Investment Management Group Inc. Has $25.13 Million Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Patriot Investment Management Group Inc. grew its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 195.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,107,041 shares of the company’s stock after acquiring an additional 732,441 shares during the period. Schwab US Broad Market ETF comprises 1.9% of Patriot Investment Management Group Inc.’s portfolio, making the stock its 9th largest position. Patriot Investment Management Group Inc. owned 0.24% of Schwab US Broad Market ETF worth $25,130,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. LexAurum Advisors LLC raised its stake in shares of Schwab US Broad Market ETF by 200.0% during the fourth quarter. LexAurum Advisors LLC now owns 20,550 shares of the company’s stock valued at $466,000 after acquiring an additional 13,700 shares during the last quarter. Rappaport Reiches Capital Management LLC raised its stake in Schwab US Broad Market ETF by 210.2% in the fourth quarter. Rappaport Reiches Capital Management LLC now owns 232,804 shares of the company’s stock worth $5,285,000 after buying an additional 157,758 shares in the last quarter. Silver Lake Advisory LLC raised its stake in Schwab US Broad Market ETF by 214.5% in the fourth quarter. Silver Lake Advisory LLC now owns 9,671 shares of the company’s stock worth $220,000 after buying an additional 6,596 shares in the last quarter. Shilanski & Associates Inc. raised its stake in Schwab US Broad Market ETF by 218.9% in the fourth quarter. Shilanski & Associates Inc. now owns 1,120,325 shares of the company’s stock worth $25,431,000 after buying an additional 768,999 shares in the last quarter. Finally, Motive Wealth Advisors raised its stake in Schwab US Broad Market ETF by 200.0% in the fourth quarter. Motive Wealth Advisors now owns 479,748 shares of the company’s stock worth $10,890,000 after buying an additional 319,832 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

SCHB stock opened at $23.67 on Friday. Schwab US Broad Market ETF has a 1 year low of $18.75 and a 1 year high of $23.73. The company has a market cap of $10.88 billion, a P/E ratio of 25.24 and a beta of 1.02. The firm has a 50-day moving average of $23.13 and a 200 day moving average of $22.23.

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.