Putnam FL Investment Management Co. Raises Stake in Schwab Strategic Trust (SCHM)

Putnam FL Investment Management Co. grew its position in Schwab Strategic Trust (NYSEARCA:SCHM) by 46.0% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 37,908 shares of the company’s stock after acquiring an additional 11,943 shares during the period. Putnam FL Investment Management Co.’s holdings in Schwab Strategic Trust were worth $2,019,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of SCHM. Bank of Montreal Can acquired a new stake in shares of Schwab Strategic Trust in the fourth quarter valued at $150,000. Youngs Advisory Group Inc. purchased a new position in Schwab Strategic Trust in the fourth quarter valued at $230,000. PFG Advisors purchased a new position in Schwab Strategic Trust in the fourth quarter valued at $239,000. Raub Brock Capital Management LP purchased a new position in Schwab Strategic Trust in the fourth quarter valued at $276,000. Finally, Harbour Investment Management LLC purchased a new position in Schwab Strategic Trust in the fourth quarter valued at $279,000.

Schwab Strategic Trust (NYSEARCA:SCHM) opened at $52.61 on Thursday. Schwab Strategic Trust has a fifty-two week low of $46.04 and a fifty-two week high of $56.22.

TRADEMARK VIOLATION WARNING: This piece was first published by Community Financial News and is the property of of Community Financial News. If you are viewing this piece on another website, it was stolen and reposted in violation of US and international trademark and copyright legislation. The legal version of this piece can be accessed at https://www.com-unik.info/2018/02/08/putnam-fl-investment-management-co-raises-stake-in-schwab-strategic-trust-schm.html.

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)

Receive News & Ratings for Schwab Strategic Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab Strategic Trust and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit