Mayfair Advisory Group LLC Has $2.42 Million Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Mayfair Advisory Group LLC lifted its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 254.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 106,406 shares of the company’s stock after purchasing an additional 76,416 shares during the quarter. Schwab US Broad Market ETF comprises 1.4% of Mayfair Advisory Group LLC’s investment portfolio, making the stock its 15th biggest holding. Mayfair Advisory Group LLC’s holdings in Schwab US Broad Market ETF were worth $2,415,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Seed Wealth Management Inc. boosted its position in shares of Schwab US Broad Market ETF by 200.0% during the 4th quarter. Seed Wealth Management Inc. now owns 209,493 shares of the company’s stock worth $4,755,000 after purchasing an additional 139,662 shares in the last quarter. Tlwm boosted its position in shares of Schwab US Broad Market ETF by 201.6% during the 4th quarter. Tlwm now owns 27,652 shares of the company’s stock worth $628,000 after purchasing an additional 18,484 shares in the last quarter. Myecfo LLC boosted its position in shares of Schwab US Broad Market ETF by 206.4% during the 4th quarter. Myecfo LLC now owns 2,270,249 shares of the company’s stock worth $51,539,000 after purchasing an additional 1,529,275 shares in the last quarter. Gainplan LLC boosted its position in shares of Schwab US Broad Market ETF by 193.0% during the 4th quarter. Gainplan LLC now owns 23,592 shares of the company’s stock worth $536,000 after purchasing an additional 15,541 shares in the last quarter. Finally, Graves Light Lenhart Wealth Inc. boosted its position in shares of Schwab US Broad Market ETF by 200.0% during the 4th quarter. Graves Light Lenhart Wealth Inc. now owns 13,971 shares of the company’s stock worth $317,000 after purchasing an additional 9,314 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

SCHB stock opened at $22.58 on Wednesday. The stock has a market capitalization of $10.38 billion, a PE ratio of 25.24 and a beta of 1.02. The company’s 50-day moving average is $23.13 and its 200-day moving average is $22.15. Schwab US Broad Market ETF has a 1 year low of $18.25 and a 1 year high of $23.73.

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.