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

JMG Financial Group Ltd. boosted its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 191.3% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 342,342 shares of the company’s stock after acquiring an additional 224,827 shares during the quarter. Schwab US Broad Market ETF accounts for about 0.3% of JMG Financial Group Ltd.’s investment portfolio, making the stock its 29th largest position. JMG Financial Group Ltd. owned 0.07% of Schwab US Broad Market ETF worth $7,771,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Equita Financial Network Inc. raised its stake in Schwab US Broad Market ETF by 0.5% in the third quarter. Equita Financial Network Inc. now owns 93,643 shares of the company’s stock valued at $6,229,000 after purchasing an additional 451 shares in the last quarter. Cornerstone Planning Group LLC lifted its holdings in shares of Schwab US Broad Market ETF by 4.6% during the 4th quarter. Cornerstone Planning Group LLC now owns 10,600 shares of the company’s stock worth $247,000 after acquiring an additional 462 shares during the last quarter. Citizens Financial Group Inc. RI lifted its holdings in shares of Schwab US Broad Market ETF by 3.7% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 13,290 shares of the company’s stock worth $884,000 after acquiring an additional 470 shares during the last quarter. Private Advisor Group LLC grew its position in Schwab US Broad Market ETF by 0.7% in the third quarter. Private Advisor Group LLC now owns 71,877 shares of the company’s stock worth $4,781,000 after acquiring an additional 483 shares in the last quarter. Finally, Walter & Keenan Wealth Management LLC IN ADV increased its stake in Schwab US Broad Market ETF by 0.6% in the third quarter. Walter & Keenan Wealth Management LLC IN ADV now owns 92,093 shares of the company’s stock valued at $6,126,000 after acquiring an additional 559 shares during the last quarter.

Schwab US Broad Market ETF Stock Down 0.5 %

Shares of SCHB stock opened at $23.63 on Friday. The firm has a market cap of $10.86 billion, a P/E ratio of 25.24 and a beta of 1.02. The business has a 50-day moving average price of $23.20 and a two-hundred day moving average price of $22.55. Schwab US Broad Market ETF has a 12-month low of $19.14 and a 12-month high of $23.77.

About Schwab US Broad Market ETF

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.