Hanson & Doremus Investment Management Acquires 493,815 Shares of Schwab US Broad Market ETF $SCHB

Hanson & Doremus Investment Management raised its holdings in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 7.6% in the fourth quarter, Holdings Channel reports. The fund owned 7,007,872 shares of the company’s stock after acquiring an additional 493,815 shares during the period. Schwab US Broad Market ETF accounts for about 22.1% of Hanson & Doremus Investment Management’s portfolio, making the stock its biggest position. Hanson & Doremus Investment Management’s holdings in Schwab US Broad Market ETF were worth $183,816,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Gallagher Fiduciary Advisors LLC raised its position in shares of Schwab US Broad Market ETF by 2,295.8% during the second quarter. Gallagher Fiduciary Advisors LLC now owns 64,764,324 shares of the company’s stock worth $1,543,334,000 after purchasing an additional 62,061,116 shares during the period. Caprock Group LLC acquired a new position in shares of Schwab US Broad Market ETF in the 3rd quarter valued at approximately $54,987,000. Boulder Wealth Advisors LLC bought a new stake in Schwab US Broad Market ETF during the 3rd quarter worth approximately $40,435,000. Weaver Capital Management LLC bought a new stake in Schwab US Broad Market ETF during the 3rd quarter worth approximately $35,322,000. Finally, Rebalance LLC raised its holdings in Schwab US Broad Market ETF by 10.0% during the 3rd quarter. Rebalance LLC now owns 14,480,067 shares of the company’s stock worth $372,283,000 after buying an additional 1,320,879 shares during the period.

Schwab US Broad Market ETF Stock Performance

Shares of SCHB opened at $25.33 on Friday. Schwab US Broad Market ETF has a twelve month low of $18.52 and a twelve month high of $26.94. The firm’s 50 day moving average price is $26.07 and its two-hundred day moving average price is $26.09. The firm has a market cap of $37.25 billion, a P/E ratio of 25.08 and a beta of 1.02.

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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.