Schwab US Broad Market ETF $SCHB Shares Sold by Lodestar Private Asset Management LLC

Lodestar Private Asset Management LLC lowered its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 5.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 533,905 shares of the company’s stock after selling 28,916 shares during the quarter. Schwab US Broad Market ETF accounts for about 1.4% of Lodestar Private Asset Management LLC’s investment portfolio, making the stock its 23rd biggest holding. Lodestar Private Asset Management LLC’s holdings in Schwab US Broad Market ETF were worth $15,649,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SCHB. Rebalance LLC increased its holdings in Schwab US Broad Market ETF by 3.7% in the 3rd quarter. Rebalance LLC now owns 15,288,013 shares of the company’s stock worth $448,092,000 after buying an additional 549,560 shares in the last quarter. Hengehold Capital Management LLC purchased a new position in Schwab US Broad Market ETF in the 3rd quarter worth about $222,931,000. Hanson & Doremus Investment Management raised its position in Schwab US Broad Market ETF by 1.3% in the 3rd quarter. Hanson & Doremus Investment Management now owns 7,130,203 shares of the company’s stock worth $208,986,000 after buying an additional 94,860 shares during the last quarter. Evergreen Advisors LLC raised its position in Schwab US Broad Market ETF by 1.8% in the 1st quarter. Evergreen Advisors LLC now owns 6,280,152 shares of the company’s stock worth $157,632,000 after buying an additional 112,717 shares during the last quarter. Finally, Forvis Mazars Wealth Advisors LLC bought a new position in Schwab US Broad Market ETF during the 3rd quarter valued at about $175,355,000.

Schwab US Broad Market ETF Stock Up 0.6%

SCHB opened at $29.58 on Wednesday. The firm has a 50 day moving average price of $29.56 and a 200-day moving average price of $28.08. Schwab US Broad Market ETF has a twelve month low of $24.28 and a twelve month high of $30.15. The stock has a market capitalization of $44.95 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02.

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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.