Summit Wealth Group LLC Co. Makes New Investment in Schwab International Small-Cap Equity ETF $SCHC

Summit Wealth Group LLC Co. purchased a new position in shares of Schwab International Small-Cap Equity ETF (NYSEARCA:SCHC) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 48,343 shares of the company’s stock, valued at approximately $2,405,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. TD Waterhouse Canada Inc. lifted its position in Schwab International Small-Cap Equity ETF by 60.2% in the second quarter. TD Waterhouse Canada Inc. now owns 116,104 shares of the company’s stock valued at $5,599,000 after buying an additional 43,646 shares during the last quarter. Baird Financial Group Inc. boosted its stake in Schwab International Small-Cap Equity ETF by 119.5% during the second quarter. Baird Financial Group Inc. now owns 29,083 shares of the company’s stock worth $1,399,000 after buying an additional 15,836 shares during the period. HB Wealth Management LLC increased its position in shares of Schwab International Small-Cap Equity ETF by 341.1% during the second quarter. HB Wealth Management LLC now owns 72,724 shares of the company’s stock valued at $3,499,000 after acquiring an additional 56,236 shares during the last quarter. Clearwater Capital Advisors LLC raised its stake in shares of Schwab International Small-Cap Equity ETF by 6.5% in the 1st quarter. Clearwater Capital Advisors LLC now owns 203,226 shares of the company’s stock valued at $9,499,000 after acquiring an additional 12,414 shares during the period. Finally, Charles Schwab Trust Co raised its stake in shares of Schwab International Small-Cap Equity ETF by 41.3% in the 2nd quarter. Charles Schwab Trust Co now owns 619,205 shares of the company’s stock valued at $29,796,000 after acquiring an additional 180,880 shares during the period.

Schwab International Small-Cap Equity ETF Stock Performance

Shares of SCHC stock opened at $48.12 on Tuesday. The firm’s 50 day moving average price is $49.88 and its 200-day moving average price is $49.32. Schwab International Small-Cap Equity ETF has a one year low of $43.45 and a one year high of $52.12. The firm has a market cap of $5.48 billion, a P/E ratio of 16.25 and a beta of 0.92.

Schwab International Small-Cap Equity ETF Company Profile

Schwab International Small-Cap Equity ETF (the Fund) seeks to track the total return of the FTSE Developed Small Cap ex-US Liquid Index (the Index). The Fund’s index consists of small capitalization companies in developed countries outside the United States. The Index defines the small capitalization universe as approximately the bottom 10% of the eligible universe with a minimum free float capitalization of $150 million. The types of derivatives used by the Fund are options, futures, options on futures and swaps.