Midwestern Financial LLC IA raised its stake in Schwab US Small-Cap ETF (NYSEARCA:SCHA – Free Report) by 63.0% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 72,584 shares of the company’s stock after buying an additional 28,067 shares during the quarter. Schwab US Small-Cap ETF makes up about 1.7% of Midwestern Financial LLC IA’s investment portfolio, making the stock its 18th largest holding. Midwestern Financial LLC IA’s holdings in Schwab US Small-Cap ETF were worth $2,025,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently modified their holdings of the company. Bank of America Corp DE increased its holdings in shares of Schwab US Small-Cap ETF by 5.3% in the 2nd quarter. Bank of America Corp DE now owns 19,019,095 shares of the company’s stock worth $481,183,000 after acquiring an additional 962,262 shares during the period. Sei Investments Co. boosted its stake in Schwab US Small-Cap ETF by 8.0% during the 2nd quarter. Sei Investments Co. now owns 15,481,401 shares of the company’s stock valued at $391,681,000 after purchasing an additional 1,144,820 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in Schwab US Small-Cap ETF by 21.1% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,944,338 shares of the company’s stock worth $125,092,000 after purchasing an additional 861,800 shares during the last quarter. UBS Group AG grew its position in Schwab US Small-Cap ETF by 7.1% in the 3rd quarter. UBS Group AG now owns 4,096,983 shares of the company’s stock worth $114,306,000 after purchasing an additional 271,629 shares during the last quarter. Finally, Advisory Alpha LLC increased its stake in shares of Schwab US Small-Cap ETF by 9.4% in the third quarter. Advisory Alpha LLC now owns 4,023,752 shares of the company’s stock valued at $112,971,000 after purchasing an additional 346,784 shares during the period.
Schwab US Small-Cap ETF Trading Up 1.1%
SCHA opened at $29.03 on Tuesday. The business’s 50 day moving average is $30.27 and its 200-day moving average is $28.89. The stock has a market cap of $19.99 billion, a PE ratio of 17.65 and a beta of 1.13. Schwab US Small-Cap ETF has a twelve month low of $20.04 and a twelve month high of $31.25.
Schwab US Small-Cap ETF Profile
Schwab U.S. Small-Cap ETF (the Fund) seeks to track the total return of the Dow Jones U.S. Small-Cap Total Stock Market Index. The Dow Jones U.S. Small-Cap Total Stock Market Index includes the components ranked 751-2500 by full market capitalization. The Index is a float-adjusted market capitalization weighted index. The types of derivatives used by the Fund are options, futures, options on futures and swaps. The Fund may lend its portfolio securities to brokers, dealers and other financial institutions.
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