Schwab Strategic Trust (SCHM) Shares Bought by Leavell Investment Management Inc.

Leavell Investment Management Inc. lifted its holdings in shares of Schwab Strategic Trust (NYSEARCA:SCHM) by 1.8% during the 4th quarter, HoldingsChannel reports. The fund owned 194,563 shares of the company’s stock after buying an additional 3,444 shares during the period. Schwab Strategic Trust accounts for 1.2% of Leavell Investment Management Inc.’s investment portfolio, making the stock its 14th biggest holding. Leavell Investment Management Inc.’s holdings in Schwab Strategic Trust were worth $10,364,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Bogart Wealth LLC raised its position in shares of Schwab Strategic Trust by 2.8% during the 4th quarter. Bogart Wealth LLC now owns 218,826 shares of the company’s stock worth $11,657,000 after acquiring an additional 6,060 shares in the last quarter. Triangle Securities Wealth Management raised its position in shares of Schwab Strategic Trust by 4.7% during the 4th quarter. Triangle Securities Wealth Management now owns 151,763 shares of the company’s stock worth $8,084,000 after acquiring an additional 6,834 shares in the last quarter. Marquette Asset Management LLC raised its position in shares of Schwab Strategic Trust by 0.8% during the 4th quarter. Marquette Asset Management LLC now owns 163,438 shares of the company’s stock worth $8,706,000 after acquiring an additional 1,294 shares in the last quarter. Raub Brock Capital Management LP acquired a new stake in shares of Schwab Strategic Trust during the 4th quarter worth about $276,000. Finally, Vista Private Wealth Partners. LLC acquired a new stake in shares of Schwab Strategic Trust during the 3rd quarter worth about $10,857,000.

Shares of Schwab Strategic Trust (NYSEARCA SCHM) traded up $0.57 during midday trading on Thursday, hitting $54.76. The stock had a trading volume of 396,800 shares, compared to its average volume of 554,300. Schwab Strategic Trust has a 1-year low of $45.43 and a 1-year high of $54.57.

The firm also recently announced a quarterly dividend, which was paid on Friday, December 22nd. Stockholders of record on Tuesday, December 19th were given a dividend of $0.2473 per share. This represents a $0.99 annualized dividend and a dividend yield of 1.81%. The ex-dividend date was Monday, December 18th.

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

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

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