Brookstone Capital Management Purchases 20,332 Shares of Schwab US Broad Market ETF $SCHB

Brookstone Capital Management grew its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 5.9% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 363,639 shares of the company’s stock after acquiring an additional 20,332 shares during the period. Brookstone Capital Management’s holdings in Schwab US Broad Market ETF were worth $9,127,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in SCHB. Financial Life Planners acquired a new stake in Schwab US Broad Market ETF during the 3rd quarter worth $27,000. Birchwood Financial Partners Inc. acquired a new position in Schwab US Broad Market ETF in the fourth quarter valued at about $28,000. Wiser Advisor Group LLC acquired a new position in Schwab US Broad Market ETF in the third quarter valued at about $29,000. Bayban bought a new stake in shares of Schwab US Broad Market ETF in the fourth quarter worth about $33,000. Finally, LRI Investments LLC bought a new stake in shares of Schwab US Broad Market ETF in the fourth quarter worth about $35,000.

Schwab US Broad Market ETF Price Performance

NYSEARCA SCHB opened at $28.88 on Tuesday. The firm has a market cap of $42.70 billion, a P/E ratio of 25.08 and a beta of 1.02. The stock’s 50-day moving average is $28.25 and its 200-day moving average is $26.94. Schwab US Broad Market ETF has a one year low of $22.88 and a one year high of $29.35.

Schwab US Broad Market ETF Company 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.