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Summit Asset Management, LLC Buys Schwab Short-Term U.S. Treasury ETF, Dimensional U.S. Equity ETF, Moderna Inc, Sells PowerShares QQQ Trust Ser 1

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Nov 08, 2021
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Memphis, TN, based Investment company Summit Asset Management, LLC (Current Portfolio) buys Schwab Short-Term U.S. Treasury ETF, Dimensional U.S. Equity ETF, Moderna Inc, Vanguard Health Care ETF, Dimensional U.S. Small Cap ETF, sells PowerShares QQQ Trust Ser 1 during the 3-months ended 2021Q3, according to the most recent filings of the investment company, Summit Asset Management, LLC. As of 2021Q3, Summit Asset Management, LLC owns 148 stocks with a total value of $318 million. These are the details of the buys and sells.

For the details of Summit Asset Management, LLC's stock buys and sells, go to https://www.gurufocus.com/guru/summit+asset+management%2C+llc/current-portfolio/portfolio

These are the top 5 holdings of Summit Asset Management, LLC
  1. Schwab US Dividend Equity ETF (SCHD) - 466,550 shares, 10.89% of the total portfolio. Shares added by 1.51%
  2. Schwab U.S. Mid-Cap ETF (SCHM) - 323,421 shares, 7.80% of the total portfolio. Shares added by 0.25%
  3. Schwab U.S. Large-Cap Growth ETF (SCHG) - 164,294 shares, 7.65% of the total portfolio. Shares reduced by 2.04%
  4. Schwab International Equity ETF (SCHF) - 502,461 shares, 6.11% of the total portfolio. Shares added by 1.56%
  5. Schwab U.S. Large-Cap Value ETF (SCHV) - 262,531 shares, 5.57% of the total portfolio. Shares added by 0.69%
New Purchase: Dimensional U.S. Equity ETF (DFUS)

Summit Asset Management, LLC initiated holding in Dimensional U.S. Equity ETF. The purchase prices were between $46.35 and $49.56, with an estimated average price of $48.27. The stock is now traded at around $51.551000. The impact to a portfolio due to this purchase was 0.19%. The holding were 12,952 shares as of 2021-09-30.

New Purchase: Vanguard Health Care ETF (VHT)

Summit Asset Management, LLC initiated holding in Vanguard Health Care ETF. The purchase prices were between $246.86 and $264.89, with an estimated average price of $255.62. The stock is now traded at around $259.386200. The impact to a portfolio due to this purchase was 0.1%. The holding were 1,259 shares as of 2021-09-30.

New Purchase: Dimensional U.S. Small Cap ETF (DFAS)

Summit Asset Management, LLC initiated holding in Dimensional U.S. Small Cap ETF. The purchase prices were between $54.56 and $59.29, with an estimated average price of $57.56. The stock is now traded at around $64.045000. The impact to a portfolio due to this purchase was 0.09%. The holding were 5,217 shares as of 2021-09-30.

Added: Schwab Short-Term U.S. Treasury ETF (SCHO)

Summit Asset Management, LLC added to a holding in Schwab Short-Term U.S. Treasury ETF by 67.78%. The purchase prices were between $51.16 and $51.27, with an estimated average price of $51.21. The stock is now traded at around $51.070000. The impact to a portfolio due to this purchase was 0.22%. The holding were 33,529 shares as of 2021-09-30.

Added: Moderna Inc (MRNA)

Summit Asset Management, LLC added to a holding in Moderna Inc by 52.48%. The purchase prices were between $221.9 and $484.47, with an estimated average price of $367.49. The stock is now traded at around $238.690000. The impact to a portfolio due to this purchase was 0.11%. The holding were 2,731 shares as of 2021-09-30.

Added: Eli Lilly and Co (LLY)

Summit Asset Management, LLC added to a holding in Eli Lilly and Co by 26.64%. The purchase prices were between $221.6 and $272.71, with an estimated average price of $246.81. The stock is now traded at around $263.970000. The impact to a portfolio due to this purchase was 0.02%. The holding were 1,426 shares as of 2021-09-30.



Here is the complete portfolio of Summit Asset Management, LLC. Also check out:

1. Summit Asset Management, LLC's Undervalued Stocks
2. Summit Asset Management, LLC's Top Growth Companies, and
3. Summit Asset Management, LLC's High Yield stocks
4. Stocks that Summit Asset Management, LLC keeps buying
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