Schwab US Broad Market ETF $SCHB Shares Bought by Western Wealth Management LLC

Western Wealth Management LLC raised its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 64.2% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 103,898 shares of the company’s stock after purchasing an additional 40,608 shares during the quarter. Western Wealth Management LLC’s holdings in Schwab US Broad Market ETF were worth $2,608,000 at the end of the most recent reporting period.

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

Schwab US Broad Market ETF Trading Up 0.6%

Shares of NYSEARCA SCHB opened at $28.85 on Friday. 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 50 day simple moving average of $28.82 and a two-hundred day simple moving average of $27.42. The stock has a market cap of $43.28 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02.

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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.