Schwab US Broad Market ETF $SCHB Shares Purchased by Morton Brown Family Wealth LLC

Morton Brown Family Wealth LLC boosted its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 4.4% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 4,017,868 shares of the company’s stock after purchasing an additional 170,427 shares during the quarter. Schwab US Broad Market ETF makes up 26.7% of Morton Brown Family Wealth LLC’s portfolio, making the stock its biggest holding. Morton Brown Family Wealth LLC owned 0.27% of Schwab US Broad Market ETF worth $100,848,000 at the end of the most recent quarter.

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

Schwab US Broad Market ETF Price Performance

Shares of NYSEARCA SCHB opened at $28.42 on Friday. The firm’s 50-day moving average is $28.37 and its two-hundred day moving average is $26.98. The company has a market capitalization of $42.02 billion, a PE ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 12-month low of $23.45 and a 12-month high of $29.35.

Schwab US Broad Market ETF 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.