Mayflower Financial Advisors LLC Has $529,000 Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Mayflower Financial Advisors LLC lifted its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 23,304 shares of the company’s stock after buying an additional 15,536 shares during the period. Mayflower Financial Advisors LLC’s holdings in Schwab US Broad Market ETF were worth $529,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in SCHB. Renaissance Technologies LLC bought a new stake in Schwab US Broad Market ETF in the 2nd quarter valued at $704,000. Bank of Montreal Can increased its stake in Schwab US Broad Market ETF by 60.0% in the second quarter. Bank of Montreal Can now owns 11,266 shares of the company’s stock valued at $715,000 after acquiring an additional 4,223 shares during the period. Marshall Wace LLP acquired a new position in Schwab US Broad Market ETF in the second quarter worth about $241,000. AQR Capital Management LLC lifted its stake in Schwab US Broad Market ETF by 1.2% during the second quarter. AQR Capital Management LLC now owns 85,709 shares of the company’s stock worth $5,389,000 after purchasing an additional 1,026 shares during the period. Finally, EP Wealth Advisors LLC boosted its holdings in Schwab US Broad Market ETF by 18.2% during the second quarter. EP Wealth Advisors LLC now owns 24,678 shares of the company’s stock valued at $1,551,000 after purchasing an additional 3,803 shares in the last quarter.

Schwab US Broad Market ETF Trading Down 0.3 %

SCHB stock opened at $23.37 on Thursday. Schwab US Broad Market ETF has a 1-year low of $18.75 and a 1-year high of $23.73. The business’s 50 day moving average is $23.18 and its 200-day moving average is $22.29. The firm has a market cap of $10.74 billion, a P/E ratio of 25.24 and a beta of 1.02.

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.