Schwab US Broad Market ETF $SCHB is Hanson & Doremus Investment Management’s Largest Position

Hanson & Doremus Investment Management increased its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 0.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,041,153 shares of the company’s stock after purchasing an additional 33,281 shares during the period. Schwab US Broad Market ETF accounts for about 20.3% of Hanson & Doremus Investment Management’s holdings, making the stock its biggest holding. Hanson & Doremus Investment Management owned approximately 0.48% of Schwab US Broad Market ETF worth $176,733,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Clark Asset Management LLC raised its position in Schwab US Broad Market ETF by 1.4% in the first quarter. Clark Asset Management LLC now owns 242,521 shares of the company’s stock valued at $6,087,000 after purchasing an additional 3,411 shares during the period. Brookstone Capital Management grew its holdings in shares of Schwab US Broad Market ETF by 5.9% during the 1st quarter. Brookstone Capital Management now owns 363,639 shares of the company’s stock worth $9,127,000 after purchasing an additional 20,332 shares during the period. Lincoln Capital Corp increased its position in shares of Schwab US Broad Market ETF by 1.2% during the 1st quarter. Lincoln Capital Corp now owns 114,036 shares of the company’s stock worth $2,862,000 after purchasing an additional 1,388 shares during the last quarter. Asset Advisory Group Inc. increased its position in shares of Schwab US Broad Market ETF by 0.5% during the 1st quarter. Asset Advisory Group Inc. now owns 232,632 shares of the company’s stock worth $5,839,000 after purchasing an additional 1,092 shares during the last quarter. Finally, Sheets Smith Wealth Management increased its position in shares of Schwab US Broad Market ETF by 1.0% during the 1st quarter. Sheets Smith Wealth Management now owns 280,015 shares of the company’s stock worth $7,028,000 after purchasing an additional 2,796 shares during the last quarter.

Schwab US Broad Market ETF Trading Down 0.3%

Shares of SCHB opened at $28.88 on Tuesday. The company’s 50-day moving average price is $28.25 and its 200 day moving average price is $26.94. Schwab US Broad Market ETF has a 12-month low of $22.88 and a 12-month high of $29.35. The firm has a market cap of $42.70 billion, a P/E ratio of 25.08 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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.