Leavell Investment Management Inc. Boosts Holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Leavell Investment Management Inc. raised its holdings in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 206.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 505,354 shares of the company’s stock after acquiring an additional 340,422 shares during the quarter. Leavell Investment Management Inc. owned approximately 0.11% of Schwab US Broad Market ETF worth $11,472,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the business. Hengehold Capital Management LLC grew its holdings in shares of Schwab US Broad Market ETF by 192.6% during 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 in the last quarter. Strid Group LLC grew its holdings in shares of Schwab US Broad Market ETF by 197.8% during the fourth quarter. Strid Group LLC now owns 8,530,226 shares of the company’s stock worth $193,636,000 after buying an additional 5,666,068 shares in the last quarter. HB Wealth Management LLC grew its holdings in shares of Schwab US Broad Market ETF by 192.5% during the fourth quarter. HB Wealth Management LLC now owns 6,505,668 shares of the company’s stock worth $147,681,000 after buying an additional 4,281,591 shares in the last quarter. HT Partners LLC grew its holdings in shares of Schwab US Broad Market ETF by 202.6% during the fourth quarter. HT Partners LLC now owns 6,053,331 shares of the company’s stock worth $137,411,000 after buying an additional 4,052,932 shares in the last quarter. Finally, Hanson & Doremus Investment Management grew its holdings in shares of Schwab US Broad Market ETF by 203.1% during the fourth quarter. Hanson & Doremus Investment Management now owns 5,901,371 shares of the company’s stock worth $133,961,000 after buying an additional 3,954,414 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

Shares of NYSEARCA SCHB opened at $23.47 on Wednesday. The company has a 50-day simple moving average of $23.20 and a 200-day simple moving average of $22.42. Schwab US Broad Market ETF has a 12 month low of $19.04 and a 12 month high of $23.73. The company has a market cap of $10.79 billion, a PE ratio of 25.24 and a beta of 1.02.

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.