Schwab US Broad Market ETF $SCHB Shares Purchased by Islay Capital Management LLC

Islay Capital Management LLC boosted its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 51.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 285,461 shares of the company’s stock after acquiring an additional 96,841 shares during the quarter. Schwab US Broad Market ETF comprises 3.9% of Islay Capital Management LLC’s holdings, making the stock its 5th largest holding. Islay Capital Management LLC’s holdings in Schwab US Broad Market ETF were worth $8,367,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Financial Life Planners purchased a new position in shares of Schwab US Broad Market ETF during the 1st quarter worth approximately $27,000. Markowski Investments purchased a new stake in Schwab US Broad Market ETF during the second quarter worth about $31,000. Bayban purchased a new position in shares of Schwab US Broad Market ETF in the fourth quarter valued at approximately $33,000. Sound Income Strategies LLC acquired a new position in shares of Schwab US Broad Market ETF in the first quarter valued at approximately $35,000. Finally, Compass Financial Management LLC purchased a new position in Schwab US Broad Market ETF in the 2nd quarter valued at approximately $38,000.

Schwab US Broad Market ETF Trading Up 0.3%

SCHB traded up $0.10 on Tuesday, hitting $29.50. 14,756,888 shares of the company were exchanged, compared to its average volume of 9,304,061. The company has a market cap of $44.77 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. The firm has a 50-day moving average price of $29.61 and a two-hundred day moving average price of $28.77. Schwab US Broad Market ETF has a twelve month low of $24.28 and a twelve month high of $30.15.

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.