Brookstone Capital Management Has $9.13 Million Stock Position in Schwab US Broad Market ETF $SCHB

Brookstone Capital Management lifted its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 5.9% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 363,639 shares of the company’s stock after purchasing an additional 20,332 shares during the period. Brookstone Capital Management’s holdings in Schwab US Broad Market ETF were worth $9,127,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. Financial Life Planners bought a new stake in Schwab US Broad Market ETF in the third quarter valued at about $27,000. Birchwood Financial Partners Inc. acquired a new position in Schwab US Broad Market ETF in the fourth quarter valued at about $28,000. Wiser Advisor Group LLC bought a new position in Schwab US Broad Market ETF during the third quarter worth about $29,000. Bayban bought a new position in Schwab US Broad Market ETF during the fourth quarter worth about $33,000. Finally, LRI Investments LLC bought a new position in Schwab US Broad Market ETF during the fourth quarter worth about $35,000.

Schwab US Broad Market ETF Trading Down 0.3%

Schwab US Broad Market ETF stock opened at $28.88 on Tuesday. The firm has a market capitalization of $42.70 billion, a P/E ratio of 25.08 and a beta of 1.02. The business has a 50-day moving average of $28.25 and a 200-day moving average of $26.94. Schwab US Broad Market ETF has a 1 year low of $22.88 and a 1 year high of $29.35.

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.