JMG Financial Group Ltd. Boosts Stock Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

JMG Financial Group Ltd. increased its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 5.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 122,634 shares of the company’s stock after buying an additional 6,392 shares during the period. JMG Financial Group Ltd.’s holdings in Schwab US Broad Market ETF were worth $6,827,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of SCHB. HighTower Advisors LLC boosted its position in shares of Schwab US Broad Market ETF by 74.8% during the 3rd quarter. HighTower Advisors LLC now owns 1,822,524 shares of the company’s stock valued at $90,783,000 after purchasing an additional 779,722 shares in the last quarter. Compass Advisory Group LLC grew its stake in Schwab US Broad Market ETF by 384.5% in the fourth quarter. Compass Advisory Group LLC now owns 730,442 shares of the company’s stock valued at $40,664,000 after purchasing an additional 579,689 shares in the last quarter. GSG Advisors LLC bought a new stake in Schwab US Broad Market ETF in the 3rd quarter valued at $15,503,000. Cerity Partners LLC lifted its stake in Schwab US Broad Market ETF by 259.7% in the 4th quarter. Cerity Partners LLC now owns 394,955 shares of the company’s stock valued at $21,987,000 after purchasing an additional 285,145 shares during the last quarter. Finally, Bouchey Financial Group Ltd raised its position in shares of Schwab US Broad Market ETF by 11.0% in the 4th quarter. Bouchey Financial Group Ltd now owns 2,393,274 shares of the company’s stock worth $133,234,000 after acquiring an additional 237,905 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

SCHB stock traded down $0.83 during mid-day trading on Thursday, reaching $58.00. 57,519 shares of the company traded hands, compared to its average volume of 858,261. Schwab US Broad Market ETF has a 52-week low of $46.92 and a 52-week high of $61.18. The company has a fifty day moving average price of $59.57 and a 200-day moving average price of $55.70. The company has a market capitalization of $26.60 billion, a P/E ratio of 24.49 and a beta of 1.03.

Schwab US Broad Market ETF 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.