Lodestar Private Asset Management LLC Grows Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Lodestar Private Asset Management LLC lifted its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 189.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 640,132 shares of the company’s stock after purchasing an additional 419,164 shares during the quarter. Schwab US Broad Market ETF comprises approximately 1.8% of Lodestar Private Asset Management LLC’s holdings, making the stock its 15th largest holding. Lodestar Private Asset Management LLC’s holdings in Schwab US Broad Market ETF were worth $14,531,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SCHB. Carnegie Investment Counsel grew its position in Schwab US Broad Market ETF by 1.5% in the third quarter. Carnegie Investment Counsel now owns 13,392 shares of the company’s stock valued at $891,000 after acquiring an additional 195 shares in the last quarter. Valeo Financial Advisors LLC grew its holdings in Schwab US Broad Market ETF by 5.6% during the 3rd quarter. Valeo Financial Advisors LLC now owns 5,489 shares of the company’s stock valued at $365,000 after purchasing an additional 292 shares in the last quarter. Successful Portfolios LLC increased its stake in Schwab US Broad Market ETF by 0.6% during the 3rd quarter. Successful Portfolios LLC now owns 72,259 shares of the company’s stock worth $4,807,000 after buying an additional 407 shares during the period. Equita Financial Network Inc. boosted its position in Schwab US Broad Market ETF by 0.5% in the 3rd quarter. Equita Financial Network Inc. now owns 93,643 shares of the company’s stock valued at $6,229,000 after buying an additional 451 shares during the last quarter. Finally, Citizens Financial Group Inc. RI grew its stake in shares of Schwab US Broad Market ETF by 3.7% during the third quarter. Citizens Financial Group Inc. RI now owns 13,290 shares of the company’s stock valued at $884,000 after acquiring an additional 470 shares in the last quarter.

Schwab US Broad Market ETF Stock Performance

NYSEARCA:SCHB opened at $23.55 on Friday. The stock has a market cap of $10.83 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a one year low of $19.04 and a one year high of $23.73. The business’s 50-day simple moving average is $23.20 and its 200 day simple moving average is $22.37.

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.