Hanson & Doremus Investment Management Raises Stake in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Hanson & Doremus Investment Management lifted its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 203.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 5,901,371 shares of the company’s stock after acquiring an additional 3,954,414 shares during the quarter. Schwab US Broad Market ETF makes up 21.0% of Hanson & Doremus Investment Management’s investment portfolio, making the stock its largest position. Hanson & Doremus Investment Management owned approximately 1.28% of Schwab US Broad Market ETF worth $133,961,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. Burkett Financial Services LLC boosted its holdings in shares of Schwab US Broad Market ETF by 1.4% in the third quarter. Burkett Financial Services LLC now owns 13,482 shares of the company’s stock worth $897,000 after acquiring an additional 183 shares during the period. Carnegie Investment Counsel boosted its stake in Schwab US Broad Market ETF by 1.5% in the 3rd quarter. Carnegie Investment Counsel now owns 13,392 shares of the company’s stock worth $891,000 after purchasing an additional 195 shares during the period. Evanson Asset Management LLC boosted its stake in Schwab US Broad Market ETF by 1.8% in the 3rd quarter. Evanson Asset Management LLC now owns 11,285 shares of the company’s stock worth $751,000 after purchasing an additional 198 shares during the period. Valeo Financial Advisors LLC grew its holdings in Schwab US Broad Market ETF by 5.6% during the 3rd quarter. Valeo Financial Advisors LLC now owns 5,489 shares of the company’s stock valued at $365,000 after buying an additional 292 shares in the last quarter. Finally, Apella Capital LLC increased its position in shares of Schwab US Broad Market ETF by 6.5% during the third quarter. Apella Capital LLC now owns 6,143 shares of the company’s stock valued at $405,000 after buying an additional 375 shares during the period.

Schwab US Broad Market ETF Trading Down 0.3 %

SCHB stock opened at $23.37 on Thursday. The firm has a 50 day moving average of $23.18 and a 200-day moving average of $22.29. The firm has a market capitalization of $10.74 billion, a P/E ratio of 25.24 and a beta of 1.02. Schwab US Broad Market ETF has a 12 month low of $18.75 and a 12 month high of $23.73.

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.