Fortis Capital Management LLC Raises Stock Holdings in Schwab US Small-Cap ETF $SCHA

Fortis Capital Management LLC boosted its position in shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 17.8% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 335,415 shares of the company’s stock after acquiring an additional 50,762 shares during the quarter. Schwab US Small-Cap ETF comprises about 1.0% of Fortis Capital Management LLC’s portfolio, making the stock its 20th largest position. Fortis Capital Management LLC’s holdings in Schwab US Small-Cap ETF were worth $9,754,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SCHA. Morton Brown Family Wealth LLC acquired a new position in shares of Schwab US Small-Cap ETF in the fourth quarter valued at about $30,000. Tompkins Financial Corp raised its stake in shares of Schwab US Small-Cap ETF by 1,982.7% in the fourth quarter. Tompkins Financial Corp now owns 1,083 shares of the company’s stock worth $31,000 after purchasing an additional 1,031 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in shares of Schwab US Small-Cap ETF during the fourth quarter worth about $31,000. Angeles Wealth Management LLC lifted its holdings in shares of Schwab US Small-Cap ETF by 81.8% during the first quarter. Angeles Wealth Management LLC now owns 1,109 shares of the company’s stock worth $32,000 after purchasing an additional 499 shares during the period. Finally, Stephens Consulting LLC boosted its position in Schwab US Small-Cap ETF by 3,108.3% in the fourth quarter. Stephens Consulting LLC now owns 1,155 shares of the company’s stock valued at $33,000 after buying an additional 1,119 shares during the last quarter.

Schwab US Small-Cap ETF Stock Up 2.2%

Shares of NYSEARCA SCHA opened at $34.62 on Wednesday. Schwab US Small-Cap ETF has a 52 week low of $24.95 and a 52 week high of $36.20. The business’s 50 day moving average price is $34.28 and its 200 day moving average price is $31.83. The firm has a market cap of $23.84 billion, a P/E ratio of 17.65 and a beta of 1.09.

Schwab US Small-Cap ETF Company 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.