Schwab US Broad Market ETF $SCHB Stock Bought by Hanson & Doremus Investment Management

Hanson & Doremus Investment Management increased its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 1.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,130,203 shares of the company’s stock after purchasing an additional 94,860 shares during the quarter. Schwab US Broad Market ETF accounts for 21.1% of Hanson & Doremus Investment Management’s holdings, making the stock its largest holding. Hanson & Doremus Investment Management owned about 0.47% of Schwab US Broad Market ETF worth $208,986,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently added to or reduced their stakes in the company. NWK Group Inc. boosted its stake in Schwab US Broad Market ETF by 23.0% in the first quarter. NWK Group Inc. now owns 1,897 shares of the company’s stock valued at $48,000 after acquiring an additional 355 shares in the last quarter. Greenleaf Trust lifted its holdings in shares of Schwab US Broad Market ETF by 0.9% in the 2nd quarter. Greenleaf Trust now owns 40,725 shares of the company’s stock valued at $1,179,000 after buying an additional 375 shares during the period. NerdWallet Wealth Partners LLC increased its holdings in shares of Schwab US Broad Market ETF by 4.5% in the 1st quarter. NerdWallet Wealth Partners LLC now owns 9,017 shares of the company’s stock valued at $226,000 after purchasing an additional 385 shares in the last quarter. Wealthgarden F.S. LLC boosted its stake in shares of Schwab US Broad Market ETF by 1.2% during the 1st quarter. Wealthgarden F.S. LLC now owns 34,107 shares of the company’s stock worth $856,000 after acquiring an additional 395 shares in the last quarter. Finally, Vigilare Wealth Management increased its position in shares of Schwab US Broad Market ETF by 3.9% in the second quarter. Vigilare Wealth Management now owns 11,130 shares of the company’s stock valued at $322,000 after buying an additional 414 shares in the last quarter.

Schwab US Broad Market ETF Trading Down 1.2%

Shares of SCHB opened at $29.28 on Friday. The company has a 50-day moving average of $29.62 and a two-hundred day moving average of $28.71. The stock has a market cap of $44.43 billion, a P/E ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 12-month low of $24.28 and a 12-month high of $30.15.

Schwab US Broad Market ETF 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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.