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

Mayflower Financial Advisors LLC lifted its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 200.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 23,304 shares of the company’s stock after purchasing 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.

Several other institutional investors and hedge funds have also modified their holdings of the business. Hengehold Capital Management LLC lifted its stake in shares of Schwab US Broad Market ETF by 192.6% in the fourth quarter. Hengehold Capital Management LLC now owns 8,942,406 shares of the company’s stock worth $202,993,000 after buying an additional 5,886,366 shares during the last quarter. HB Wealth Management LLC raised its holdings in Schwab US Broad Market ETF by 192.5% in the 4th quarter. HB Wealth Management LLC now owns 6,505,668 shares of the company’s stock worth $147,681,000 after acquiring an additional 4,281,591 shares during the period. Summit Financial Strategies Inc. lifted its position in Schwab US Broad Market ETF by 192.0% during the 4th quarter. Summit Financial Strategies Inc. now owns 4,053,079 shares of the company’s stock worth $92,005,000 after acquiring an additional 2,665,067 shares during the last quarter. Ballentine Partners LLC boosted its holdings in Schwab US Broad Market ETF by 192.7% during the fourth quarter. Ballentine Partners LLC now owns 3,122,833 shares of the company’s stock valued at $70,888,000 after acquiring an additional 2,055,961 shares during the period. Finally, Cliftonlarsonallen Wealth Advisors LLC grew its position in shares of Schwab US Broad Market ETF by 195.7% in the fourth quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 2,752,318 shares of the company’s stock valued at $62,478,000 after purchasing an additional 1,821,631 shares during the last quarter.

Schwab US Broad Market ETF Stock Performance

Schwab US Broad Market ETF stock opened at $23.37 on Thursday. The business’s 50-day simple moving average is $23.18 and its 200-day simple moving average is $22.29. Schwab US Broad Market ETF has a 52 week low of $18.75 and a 52 week high of $23.73. The firm has a market capitalization of $10.74 billion, a PE 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.