Brookstone Capital Management Trims Stock Position in Schwab US Broad Market ETF $SCHB

Brookstone Capital Management lessened its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 0.2% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 342,337 shares of the company’s stock after selling 606 shares during the quarter. Brookstone Capital Management’s holdings in Schwab US Broad Market ETF were worth $8,158,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Stratos Wealth Partners LTD. raised its position in shares of Schwab US Broad Market ETF by 5.3% during the 1st quarter. Stratos Wealth Partners LTD. now owns 24,351 shares of the company’s stock valued at $524,000 after buying an additional 1,220 shares during the period. Genesee Capital Advisors LLC raised its position in shares of Schwab US Broad Market ETF by 1.6% during the 2nd quarter. Genesee Capital Advisors LLC now owns 1,514,413 shares of the company’s stock valued at $36,088,000 after buying an additional 23,607 shares during the period. Cetera Investment Advisers raised its position in shares of Schwab US Broad Market ETF by 4.9% during the 1st quarter. Cetera Investment Advisers now owns 587,930 shares of the company’s stock valued at $12,658,000 after buying an additional 27,325 shares during the period. J Hagan Capital Inc. purchased a new stake in shares of Schwab US Broad Market ETF during the 1st quarter valued at approximately $2,768,000. Finally, Aspen Capital Management LLC purchased a new stake in shares of Schwab US Broad Market ETF during the 1st quarter valued at approximately $206,000.

Schwab US Broad Market ETF Stock Down 0.7%

Shares of NYSEARCA SCHB opened at $25.74 on Thursday. The firm has a market cap of $37.41 billion, a price-to-earnings ratio of 25.08 and a beta of 1.03. Schwab US Broad Market ETF has a 52-week low of $18.52 and a 52-week high of $26.01. The business’s 50 day moving average is $25.36 and its two-hundred day moving average is $23.67.

About Schwab US Broad Market ETF

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.