Morris Financial Concepts Inc. Has $450,000 Stock Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Morris Financial Concepts Inc. grew its position in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 199.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 19,830 shares of the company’s stock after buying an additional 13,210 shares during the period. Morris Financial Concepts Inc.’s holdings in Schwab US Broad Market ETF were worth $450,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Tranquility Partners LLC boosted its stake in shares of Schwab US Broad Market ETF by 200.0% during the 4th quarter. Tranquility Partners LLC now owns 14,685 shares of the company’s stock worth $333,000 after buying an additional 9,790 shares during the last quarter. Sawgrass Asset Management LLC boosted its stake in shares of Schwab US Broad Market ETF by 102.3% during the 4th quarter. Sawgrass Asset Management LLC now owns 153,201 shares of the company’s stock worth $3,478,000 after buying an additional 77,484 shares during the last quarter. PrairieView Partners LLC boosted its stake in shares of Schwab US Broad Market ETF by 190.4% during the 4th quarter. PrairieView Partners LLC now owns 650,287 shares of the company’s stock worth $14,761,000 after buying an additional 426,368 shares during the last quarter. R. W. Roge & Company Inc. boosted its stake in shares of Schwab US Broad Market ETF by 177.3% during the 4th quarter. R. W. Roge & Company Inc. now owns 34,119 shares of the company’s stock worth $774,000 after buying an additional 21,816 shares during the last quarter. Finally, McClarren Financial Advisors Inc. acquired a new position in shares of Schwab US Broad Market ETF during the 4th quarter worth about $37,000.

Schwab US Broad Market ETF Price Performance

Schwab US Broad Market ETF stock opened at $23.39 on Thursday. The firm has a 50-day moving average of $23.20 and a 200-day moving average of $22.44. Schwab US Broad Market ETF has a one year low of $19.04 and a one year high of $23.73. The company has a market cap of $10.75 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02.

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.