Schwab US Broad Market ETF (NYSEARCA:SCHB) is Morton Brown Family Wealth LLC’s Largest Position

Morton Brown Family Wealth LLC boosted its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 209.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,570,574 shares of the company’s stock after acquiring an additional 2,417,439 shares during the period. Schwab US Broad Market ETF accounts for 28.2% of Morton Brown Family Wealth LLC’s holdings, making the stock its biggest position. Morton Brown Family Wealth LLC owned 0.78% of Schwab US Broad Market ETF worth $81,052,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Maryland Capital Advisors Inc. lifted its position in Schwab US Broad Market ETF by 200.0% during the fourth quarter. Maryland Capital Advisors Inc. now owns 1,161 shares of the company’s stock valued at $26,000 after acquiring an additional 774 shares during the last quarter. Jackson Grant Investment Advisers Inc. lifted its position in Schwab US Broad Market ETF by 201.0% during the fourth quarter. Jackson Grant Investment Advisers Inc. now owns 1,249 shares of the company’s stock valued at $28,000 after acquiring an additional 834 shares during the last quarter. Beacon Capital Management LLC lifted its position in Schwab US Broad Market ETF by 200.2% during the fourth quarter. Beacon Capital Management LLC now owns 1,216 shares of the company’s stock valued at $28,000 after acquiring an additional 811 shares during the last quarter. Albion Financial Group UT lifted its position in Schwab US Broad Market ETF by 200.0% during the fourth quarter. Albion Financial Group UT now owns 1,260 shares of the company’s stock valued at $29,000 after acquiring an additional 840 shares during the last quarter. Finally, Global Financial Private Client LLC raised its holdings in shares of Schwab US Broad Market ETF by 200.0% in the fourth quarter. Global Financial Private Client LLC now owns 1,332 shares of the company’s stock worth $30,000 after buying an additional 888 shares during the last quarter.

Schwab US Broad Market ETF Trading Up 0.0 %

NYSEARCA SCHB opened at $23.65 on Tuesday. The company has a fifty day simple moving average of $23.19 and a two-hundred day simple moving average of $22.49. The stock has a market cap of $10.87 billion, a P/E ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a 12-month low of $19.14 and a 12-month high of $23.73.

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.