307,962 Shares in Schwab US Broad Market ETF $SCHB Acquired by Stillwater Private Wealth LLC

Stillwater Private Wealth LLC purchased a new stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 307,962 shares of the company’s stock, valued at approximately $7,729,000. Schwab US Broad Market ETF accounts for approximately 6.5% of Stillwater Private Wealth LLC’s investment portfolio, making the stock its 2nd biggest position.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SCHB. Financial Life Planners acquired a new position in shares of Schwab US Broad Market ETF in the first quarter valued at about $27,000. Birchwood Financial Partners Inc. bought a new position in Schwab US Broad Market ETF during the fourth quarter worth about $28,000. Wiser Advisor Group LLC acquired a new stake in Schwab US Broad Market ETF in the 3rd quarter worth about $29,000. Bayban acquired a new stake in Schwab US Broad Market ETF in the 4th quarter worth about $33,000. Finally, LRI Investments LLC acquired a new stake in Schwab US Broad Market ETF in the 4th quarter worth about $35,000.

Schwab US Broad Market ETF Stock Up 0.6%

NYSEARCA SCHB opened at $28.85 on Friday. The firm has a 50-day moving average price of $28.82 and a two-hundred day moving average price of $27.42. Schwab US Broad Market ETF has a 12-month low of $23.85 and a 12-month high of $29.35. The company has a market capitalization of $43.28 billion, a P/E ratio of 25.08 and a beta of 1.02.

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.