Hanson & Doremus Investment Management Has $50.50 Million Stock Position in Schwab US Broad Market ETF (NYSEARCA:SCHB)

Hanson & Doremus Investment Management boosted its stake in Schwab US Broad Market ETF (NYSEARCA:SCHB) by 3.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 711,105 shares of the company’s stock after purchasing an additional 20,819 shares during the quarter. Schwab US Broad Market ETF comprises 15.7% of Hanson & Doremus Investment Management’s portfolio, making the stock its largest position. Hanson & Doremus Investment Management owned about 0.33% of Schwab US Broad Market ETF worth $50,503,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Wealthfront Advisers LLC boosted its stake in shares of Schwab US Broad Market ETF by 2.6% in the third quarter. Wealthfront Advisers LLC now owns 10,864,344 shares of the company’s stock valued at $771,586,000 after purchasing an additional 272,735 shares during the period. UBS Group AG raised its holdings in Schwab US Broad Market ETF by 55.8% in the second quarter. UBS Group AG now owns 7,458,960 shares of the company’s stock valued at $526,081,000 after acquiring an additional 2,672,870 shares in the last quarter. Evensky & Katz LLC raised its holdings in Schwab US Broad Market ETF by 1.9% in the second quarter. Evensky & Katz LLC now owns 2,808,396 shares of the company’s stock valued at $198,076,000 after acquiring an additional 51,167 shares in the last quarter. Retirement Planning Group raised its holdings in Schwab US Broad Market ETF by 3.3% in the second quarter. Retirement Planning Group now owns 1,301,811 shares of the company’s stock valued at $91,817,000 after acquiring an additional 41,063 shares in the last quarter. Finally, Evergreen Advisors LLC raised its holdings in Schwab US Broad Market ETF by 2.7% in the third quarter. Evergreen Advisors LLC now owns 1,129,226 shares of the company’s stock valued at $80,198,000 after acquiring an additional 30,166 shares in the last quarter.

SCHB traded up $0.18 during trading on Friday, hitting $73.88. The company had a trading volume of 336,447 shares, compared to its average volume of 958,734. The business has a 50-day moving average of $71.52 and a 200-day moving average of $70.44. Schwab US Broad Market ETF has a 1-year low of $56.12 and a 1-year high of $74.01.

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.

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Institutional Ownership by Quarter for Schwab US Broad Market ETF (NYSEARCA:SCHB)

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