Muirfield Wealth Advisors LLC Cuts Stock Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Muirfield Wealth Advisors LLC reduced its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 1.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 40,835 shares of the company’s stock after selling 615 shares during the quarter. Schwab US Broad Market ETF accounts for approximately 0.7% of Muirfield Wealth Advisors LLC’s portfolio, making the stock its 28th largest holding. Muirfield Wealth Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $879,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of SCHB. Ironwood Wealth Management LLC. grew its position in Schwab US Broad Market ETF by 345.2% during the 4th quarter. Ironwood Wealth Management LLC. now owns 38,010 shares of the company’s stock worth $863,000 after acquiring an additional 29,473 shares during the last quarter. Brighton Jones LLC boosted its stake in shares of Schwab US Broad Market ETF by 1,209.6% during the fourth quarter. Brighton Jones LLC now owns 228,625 shares of the company’s stock valued at $5,190,000 after purchasing an additional 211,168 shares during the period. Revolve Wealth Partners LLC boosted its stake in shares of Schwab US Broad Market ETF by 197.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 21,510 shares of the company’s stock valued at $488,000 after purchasing an additional 14,279 shares during the period. Stratos Wealth Partners LTD. grew its holdings in shares of Schwab US Broad Market ETF by 173.4% in the fourth quarter. Stratos Wealth Partners LTD. now owns 23,131 shares of the company’s stock worth $525,000 after purchasing an additional 14,672 shares during the last quarter. Finally, Bleakley Financial Group LLC bought a new position in shares of Schwab US Broad Market ETF in the fourth quarter worth approximately $243,000.

Schwab US Broad Market ETF Stock Up 1.0%

Shares of NYSEARCA SCHB opened at $23.12 on Monday. The firm’s fifty day moving average is $21.54 and its 200 day moving average is $22.43. Schwab US Broad Market ETF has a 52 week low of $18.53 and a 52 week high of $23.77. The company has a market cap of $33.29 billion, a price-to-earnings ratio of 23.87 and a beta of 1.03.

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.