Schwab US Broad Market ETF $SCHB Position Decreased by Lodestar Private Asset Management LLC

Lodestar Private Asset Management LLC lessened its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 5.1% during the 3rd quarter, HoldingsChannel reports. The fund owned 533,905 shares of the company’s stock after selling 28,916 shares during the quarter. Schwab US Broad Market ETF comprises approximately 1.4% of Lodestar Private Asset Management LLC’s 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 filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of SCHB. Financial Life Planners purchased a new stake in shares of Schwab US Broad Market ETF in the 1st quarter worth $27,000. Markowski Investments purchased a new position in Schwab US Broad Market ETF during the second quarter valued at $31,000. Sound Income Strategies LLC purchased a new position in Schwab US Broad Market ETF during the first quarter valued at $35,000. Compass Financial Management LLC purchased a new position in Schwab US Broad Market ETF during the second quarter valued at $38,000. Finally, Albion Financial Group UT bought a new stake in Schwab US Broad Market ETF during the third quarter valued at about $38,000.

Schwab US Broad Market ETF Stock Performance

NYSEARCA:SCHB opened at $29.58 on Wednesday. The stock has a 50-day simple moving average of $29.56 and a two-hundred day simple moving average of $28.08. The firm has a market capitalization of $44.95 billion, a PE ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 52-week low of $24.28 and a 52-week high of $30.15.

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.