Schwab US Broad Market ETF (NYSEARCA:SCHB) Shares Sold by Morling Financial Advisors LLC

Morling Financial Advisors LLC trimmed its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 1.5% in the fourth quarter, Holdings Channel.com reports. The fund owned 22,818 shares of the company’s stock after selling 343 shares during the period. Schwab US Broad Market ETF comprises 1.0% of Morling Financial Advisors LLC’s portfolio, making the stock its 17th biggest holding. Morling Financial Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $1,270,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Creative Financial Designs Inc. ADV lifted its holdings in Schwab US Broad Market ETF by 55.3% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 621 shares of the company’s stock valued at $35,000 after acquiring an additional 221 shares during the last quarter. Lee Financial Co acquired a new stake in Schwab US Broad Market ETF in the 3rd quarter valued at about $35,000. BKM Wealth Management LLC acquired a new stake in Schwab US Broad Market ETF in the 4th quarter valued at about $41,000. Bfsg LLC acquired a new stake in Schwab US Broad Market ETF in the 4th quarter valued at about $41,000. Finally, HighMark Wealth Management LLC lifted its holdings in Schwab US Broad Market ETF by 45.0% in the 4th quarter. HighMark Wealth Management LLC now owns 838 shares of the company’s stock valued at $47,000 after acquiring an additional 260 shares during the last quarter.

Schwab US Broad Market ETF Stock Performance

NYSEARCA SCHB traded down $0.01 on Wednesday, reaching $58.83. The company’s stock had a trading volume of 895,801 shares, compared to its average volume of 869,022. Schwab US Broad Market ETF has a twelve month low of $46.92 and a twelve month high of $61.18. The stock has a market cap of $26.98 billion, a PE ratio of 24.49 and a beta of 1.03. The firm’s 50 day moving average is $59.56 and its two-hundred day moving average is $55.68.

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.