Morton Brown Family Wealth LLC Buys 90,503 Shares of Schwab US Broad Market ETF $SCHB

Morton Brown Family Wealth LLC boosted its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 2.1% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,352,012 shares of the company’s stock after buying an additional 90,503 shares during the period. Schwab US Broad Market ETF accounts for 28.4% of Morton Brown Family Wealth LLC’s portfolio, making the stock its biggest holding. Morton Brown Family Wealth LLC owned about 0.29% of Schwab US Broad Market ETF worth $127,557,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently bought and sold shares of the stock. Hengehold Capital Management LLC bought a new stake in shares of Schwab US Broad Market ETF during the 3rd quarter worth about $222,931,000. Forvis Mazars Wealth Advisors LLC bought a new position in shares of Schwab US Broad Market ETF in the third quarter valued at approximately $175,355,000. Cliftonlarsonallen Wealth Advisors LLC bought a new position in shares of Schwab US Broad Market ETF in the third quarter valued at approximately $72,509,000. Legacy Private Trust Co. acquired a new position in shares of Schwab US Broad Market ETF during the third quarter valued at approximately $36,626,000. Finally, Retirement Planning Group LLC acquired a new position in shares of Schwab US Broad Market ETF during the third quarter valued at approximately $31,105,000.

Schwab US Broad Market ETF Price Performance

NYSEARCA SCHB opened at $29.19 on Monday. Schwab US Broad Market ETF has a 12 month low of $24.28 and a 12 month high of $30.15. The firm has a market capitalization of $44.35 billion, a PE ratio of 25.08 and a beta of 1.02. The company’s 50 day simple moving average is $29.57 and its 200 day simple moving average is $28.89.

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.