Leavell Investment Management Inc. boosted its position in Schwab Strategic Trust (NYSEARCA:SCHZ) by 17.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 160,959 shares of the company’s stock after acquiring an additional 24,346 shares during the quarter. Schwab Strategic Trust accounts for 1.0% of Leavell Investment Management Inc.’s investment portfolio, making the stock its 22nd biggest position. Leavell Investment Management Inc. owned 0.17% of Schwab Strategic Trust worth $8,376,000 at the end of the most recent reporting period.
Separately, Boltwood Capital Management lifted its stake in shares of Schwab Strategic Trust by 27.6% during the fourth quarter. Boltwood Capital Management now owns 36,728 shares of the company’s stock worth $1,911,000 after purchasing an additional 7,946 shares in the last quarter.
Schwab Strategic Trust (SCHZ) opened at $51.07 on Friday. Schwab Strategic Trust has a one year low of $51.03 and a one year high of $52.82.
The business also recently disclosed a monthly dividend, which will be paid on Wednesday, February 7th. Shareholders of record on Friday, February 2nd will be paid a dividend of $0.1176 per share. This represents a $1.41 dividend on an annualized basis and a dividend yield of 2.76%. The ex-dividend date of this dividend is Thursday, February 1st. This is a boost from Schwab Strategic Trust’s previous monthly dividend of $0.10.
ILLEGAL ACTIVITY WARNING: This news story was published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this news story on another domain, it was stolen and reposted in violation of United States & international trademark and copyright law. The original version of this news story can be viewed at https://www.dispatchtribunal.com/2018/02/03/leavell-investment-management-inc-grows-holdings-in-schwab-strategic-trust-schz.html.
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.