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

Hanson & Doremus Investment Management lifted its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 1.9% in the 2nd quarter, HoldingsChannel reports. The firm owned 6,406,096 shares of the company’s stock after buying an additional 122,453 shares during the quarter. Schwab US Broad Market ETF accounts for 20.4% 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 $152,657,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Foster Victor Wealth Advisors LLC lifted its position in shares of Schwab US Broad Market ETF by 1.5% in the 2nd quarter. Foster Victor Wealth Advisors LLC now owns 28,669 shares of the company’s stock worth $691,000 after purchasing an additional 426 shares during the period. ACT Wealth Management LLC increased its stake in shares of Schwab US Broad Market ETF by 4.2% in the 2nd quarter. ACT Wealth Management LLC now owns 11,200 shares of the company’s stock worth $267,000 after acquiring an additional 447 shares in the last quarter. AA Financial Advisors LLC increased its stake in shares of Schwab US Broad Market ETF by 3.3% in the 2nd quarter. AA Financial Advisors LLC now owns 14,169 shares of the company’s stock worth $338,000 after acquiring an additional 452 shares in the last quarter. Builder Investment Group Inc. ADV increased its stake in shares of Schwab US Broad Market ETF by 1.7% in the 2nd quarter. Builder Investment Group Inc. ADV now owns 30,131 shares of the company’s stock worth $718,000 after acquiring an additional 491 shares in the last quarter. Finally, Apex Wealth Management LLC increased its stake in shares of Schwab US Broad Market ETF by 3.0% in the 1st quarter. Apex Wealth Management LLC now owns 17,518 shares of the company’s stock worth $377,000 after acquiring an additional 509 shares in the last quarter.

Schwab US Broad Market ETF Price Performance

Shares of Schwab US Broad Market ETF stock opened at $25.56 on Monday. The company has a 50-day moving average of $24.90 and a 200 day moving average of $23.18. The firm has a market cap of $36.95 billion, a price-to-earnings ratio of 25.08 and a beta of 1.03. Schwab US Broad Market ETF has a 1 year low of $18.52 and a 1 year high of $25.88.

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.