Strategic Financial Concepts LLC Boosts Stake in Schwab US Small-Cap ETF (NYSEARCA:SCHA)

Strategic Financial Concepts LLC lifted its position in Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 5.2% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 116,048 shares of the company’s stock after purchasing an additional 5,767 shares during the quarter. Strategic Financial Concepts LLC’s holdings in Schwab US Small-Cap ETF were worth $2,719,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Wealth Group Ltd. raised its position in Schwab US Small-Cap ETF by 98.8% in the 4th quarter. Wealth Group Ltd. now owns 81,261 shares of the company’s stock valued at $2,101,000 after purchasing an additional 40,390 shares during the last quarter. Brighton Jones LLC increased its stake in Schwab US Small-Cap ETF by 182.3% in the fourth quarter. Brighton Jones LLC now owns 57,719 shares of the company’s stock valued at $1,493,000 after purchasing an additional 37,271 shares during the period. Revolve Wealth Partners LLC increased its stake in Schwab US Small-Cap ETF by 104.3% in the fourth quarter. Revolve Wealth Partners LLC now owns 100,044 shares of the company’s stock valued at $2,587,000 after purchasing an additional 51,064 shares during the period. Bank of New York Mellon Corp raised its holdings in shares of Schwab US Small-Cap ETF by 57.5% in the fourth quarter. Bank of New York Mellon Corp now owns 208,279 shares of the company’s stock valued at $5,386,000 after buying an additional 76,061 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. raised its holdings in shares of Schwab US Small-Cap ETF by 100.6% in the fourth quarter. Oppenheimer Asset Management Inc. now owns 14,033 shares of the company’s stock valued at $363,000 after buying an additional 7,039 shares during the last quarter.

Schwab US Small-Cap ETF Stock Up 1.4%

NYSEARCA SCHA opened at $25.90 on Thursday. The firm has a market cap of $17.70 billion, a P/E ratio of 17.28 and a beta of 1.17. Schwab US Small-Cap ETF has a 52-week low of $20.04 and a 52-week high of $28.57. The business’s 50-day moving average price is $24.31 and its 200 day moving average price is $24.68.

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.