JMG Financial Group Ltd. reduced its position in Schwab US Broad Market ETF (NYSEARCA:SCHB – Free Report) by 8.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 296,375 shares of the company’s stock after selling 27,910 shares during the period. JMG Financial Group Ltd.’s holdings in Schwab US Broad Market ETF were worth $7,774,000 as of its most recent SEC filing.
Several other institutional investors have also made changes to their positions in SCHB. Financial Life Planners purchased a new position in shares of Schwab US Broad Market ETF in the third quarter worth approximately $27,000. Wiser Advisor Group LLC purchased a new position in shares of Schwab US Broad Market ETF in the third quarter worth approximately $29,000. LRI Investments LLC purchased a new position in shares of Schwab US Broad Market ETF in the fourth quarter worth approximately $35,000. Basepoint Wealth LLC purchased a new position in shares of Schwab US Broad Market ETF in the fourth quarter worth approximately $38,000. Finally, Godfrey Financial Associates Inc. purchased a new position in shares of Schwab US Broad Market ETF in the fourth quarter worth approximately $51,000.
Schwab US Broad Market ETF Price Performance
Schwab US Broad Market ETF stock opened at $29.17 on Monday. The firm’s 50 day simple moving average is $27.12 and its 200-day simple moving average is $26.60. The company has a market cap of $43.13 billion, a P/E ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a fifty-two week low of $22.48 and a fifty-two week high of $29.23.
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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.
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