Mather Group LLC. Purchases 81,239 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Mather Group LLC. raised its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 195.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 122,754 shares of the company’s stock after purchasing an additional 81,239 shares during the quarter. Mather Group LLC.’s holdings in Schwab US Broad Market ETF were worth $2,787,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of SCHB. Clay Northam Wealth Management LLC lifted its holdings in shares of Schwab US Broad Market ETF by 195.6% in the fourth quarter. Clay Northam Wealth Management LLC now owns 23,446 shares of the company’s stock valued at $532,000 after purchasing an additional 15,514 shares in the last quarter. Archer Investment Management LLC purchased a new stake in Schwab US Broad Market ETF in the 4th quarter valued at $5,012,000. Baltimore Washington Financial Advisors Inc. bought a new position in Schwab US Broad Market ETF during the 4th quarter valued at $410,000. Marshall Financial Group Inc. ADV boosted its holdings in Schwab US Broad Market ETF by 187.4% during the 4th quarter. Marshall Financial Group Inc. ADV now owns 813,733 shares of the company’s stock worth $18,472,000 after acquiring an additional 530,601 shares during the last quarter. Finally, Financial Life Planners bought a new stake in shares of Schwab US Broad Market ETF in the 4th quarter worth $94,000.

Schwab US Broad Market ETF Price Performance

Shares of SCHB stock opened at $23.37 on Wednesday. Schwab US Broad Market ETF has a one year low of $18.98 and a one year high of $23.73. The company has a market cap of $10.74 billion, a P/E ratio of 25.24 and a beta of 1.02. The firm has a 50-day moving average of $23.20 and a 200-day moving average of $22.34.

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.