Stillwater Private Wealth LLC Purchases New Stake in Schwab US Broad Market ETF $SCHB

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

A number of other large investors have also recently bought and sold shares of the company. Financial Life Planners bought a new position in Schwab US Broad Market ETF in the 1st quarter valued at about $27,000. Birchwood Financial Partners Inc. acquired a new position in shares of Schwab US Broad Market ETF in the 4th quarter valued at approximately $28,000. Wiser Advisor Group LLC bought a new stake in shares of Schwab US Broad Market ETF during the 3rd quarter worth approximately $29,000. Bayban bought a new stake in shares of Schwab US Broad Market ETF during the 4th quarter worth approximately $33,000. Finally, LRI Investments LLC acquired a new stake in shares of Schwab US Broad Market ETF during the 4th quarter worth approximately $35,000.

Schwab US Broad Market ETF Price Performance

Shares of NYSEARCA:SCHB opened at $28.85 on Friday. The company’s 50 day simple moving average is $28.82 and its 200 day simple moving average is $27.42. The stock has a market capitalization of $43.28 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 1 year low of $23.85 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.