Wolfstich Capital LLC Takes $889,000 Position in Schwab US Broad Market ETF $SCHB

Wolfstich Capital LLC bought a new position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) during the 4th quarter, HoldingsChannel reports. The firm bought 32,427 shares of the company’s stock, valued at approximately $889,000. Schwab US Broad Market ETF makes up about 0.8% of Wolfstich Capital LLC’s investment portfolio, making the stock its 13th largest position.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Financial Life Planners acquired a new stake in Schwab US Broad Market ETF in the third quarter worth about $27,000. Wiser Advisor Group LLC acquired a new stake in Schwab US Broad Market ETF in the 3rd quarter worth approximately $29,000. First Pacific Financial purchased a new stake in Schwab US Broad Market ETF during the 3rd quarter worth approximately $51,000. LGT Financial Advisors LLC acquired a new position in Schwab US Broad Market ETF during the 3rd quarter valued at approximately $52,000. Finally, Beacon Financial Strategies CORP acquired a new position in Schwab US Broad Market ETF during the 4th quarter valued at approximately $64,000.

Schwab US Broad Market ETF Trading Down 1.7%

NYSEARCA:SCHB opened at $24.50 on Friday. The company has a market capitalization of $35.70 billion, a P/E ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 12 month low of $18.52 and a 12 month high of $26.94. The firm has a fifty day simple moving average of $26.22 and a 200-day simple moving average of $26.10.

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.