Stony Point Wealth Management Inc. acquired a new position in shares of Schwab Strategic Trust (NYSEARCA:SCHZ) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 19,142 shares of the company’s stock, valued at approximately $996,000.

A number of other large investors have also recently made changes to their positions in the business. Marquette Asset Management LLC raised its holdings in Schwab Strategic Trust by 3.4% during the 4th quarter. Marquette Asset Management LLC now owns 29,734 shares of the company’s stock worth $1,547,000 after purchasing an additional 968 shares during the last quarter. LVW Advisors LLC increased its stake in shares of Schwab Strategic Trust by 0.7% in the 4th quarter. LVW Advisors LLC now owns 147,702 shares of the company’s stock valued at $7,686,000 after acquiring an additional 994 shares during the last quarter. Twele Capital Management Inc. increased its stake in shares of Schwab Strategic Trust by 5.3% in the 4th quarter. Twele Capital Management Inc. now owns 20,570 shares of the company’s stock valued at $1,070,000 after acquiring an additional 1,029 shares during the last quarter. Newman Dignan & Sheerar Inc. increased its stake in shares of Schwab Strategic Trust by 21.5% in the 4th quarter. Newman Dignan & Sheerar Inc. now owns 5,897 shares of the company’s stock valued at $307,000 after acquiring an additional 1,043 shares during the last quarter. Finally, Advisor Group Inc. increased its stake in shares of Schwab Strategic Trust by 20.7% in the 4th quarter. Advisor Group Inc. now owns 6,233 shares of the company’s stock valued at $325,000 after acquiring an additional 1,067 shares during the last quarter.

How to Become a New Pot Stock Millionaire

Shares of Schwab Strategic Trust stock opened at $50.72 on Thursday. Schwab Strategic Trust has a 52 week low of $50.59 and a 52 week high of $52.82.

The business also recently declared a monthly dividend, which was paid on Wednesday, March 7th. Stockholders of record on Friday, March 2nd were paid a $0.1097 dividend. The ex-dividend date of this dividend was Thursday, March 1st. This represents a $1.32 dividend on an annualized basis and a dividend yield of 2.60%.

TRADEMARK VIOLATION NOTICE: This news story was originally published by Daily Political and is the sole property of of Daily Political. If you are reading this news story on another site, it was illegally stolen and reposted in violation of U.S. and international trademark & copyright legislation. The legal version of this news story can be accessed at https://www.dailypolitical.com/2018/03/22/stony-point-wealth-management-inc-takes-position-in-schwab-strategic-trust-schz.html.

Want to see what other hedge funds are holding SCHZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab Strategic Trust (NYSEARCA:SCHZ).

Institutional Ownership by Quarter for Schwab Strategic Trust (NYSEARCA:SCHZ)

Receive News & Ratings for Schwab Strategic Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab Strategic Trust and related companies with MarketBeat.com's FREE daily email newsletter.