Lodestar Private Asset Management LLC Decreases Position in Schwab US Broad Market ETF $SCHB

Lodestar Private Asset Management LLC cut its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 4.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 578,083 shares of the company’s stock after selling 24,333 shares during the period. Schwab US Broad Market ETF makes up 1.4% of Lodestar Private Asset Management LLC’s portfolio, making the stock its 23rd largest position. Lodestar Private Asset Management LLC’s holdings in Schwab US Broad Market ETF were worth $14,510,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Financial Life Planners bought a new position in Schwab US Broad Market ETF during the 3rd quarter worth approximately $27,000. Birchwood Financial Partners Inc. bought a new stake in Schwab US Broad Market ETF in the fourth quarter valued at approximately $28,000. Wiser Advisor Group LLC bought a new stake in Schwab US Broad Market ETF in the third quarter valued at approximately $29,000. Bayban bought a new stake in Schwab US Broad Market ETF in the fourth quarter valued at approximately $33,000. Finally, LRI Investments LLC purchased a new stake in shares of Schwab US Broad Market ETF during the fourth quarter valued at approximately $35,000.

Schwab US Broad Market ETF Stock Performance

Shares of Schwab US Broad Market ETF stock opened at $28.87 on Friday. Schwab US Broad Market ETF has a 52-week low of $23.83 and a 52-week high of $29.35. The stock has a market capitalization of $43.03 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. The company’s 50 day moving average price is $28.55 and its 200-day moving average price is $27.08.

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.