Bernard Wealth Management Corp. Cuts Stock Position in Schwab US Small-Cap ETF $SCHA

Bernard Wealth Management Corp. cut its holdings in shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 5.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 217,150 shares of the company’s stock after selling 12,181 shares during the quarter. Schwab US Small-Cap ETF makes up 2.5% of Bernard Wealth Management Corp.’s portfolio, making the stock its 10th largest position. Bernard Wealth Management Corp.’s holdings in Schwab US Small-Cap ETF were worth $5,494,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SCHA. Brighton Jones LLC lifted its position in Schwab US Small-Cap ETF by 182.3% during the 4th quarter. Brighton Jones LLC now owns 57,719 shares of the company’s stock worth $1,493,000 after buying an additional 37,271 shares in the last quarter. Revolve Wealth Partners LLC increased its stake in shares of Schwab US Small-Cap ETF by 104.3% during the 4th quarter. Revolve Wealth Partners LLC now owns 100,044 shares of the company’s stock worth $2,587,000 after purchasing an additional 51,064 shares during the last quarter. Bison Wealth LLC increased its stake in shares of Schwab US Small-Cap ETF by 97.3% during the 4th quarter. Bison Wealth LLC now owns 12,578 shares of the company’s stock worth $325,000 after purchasing an additional 6,203 shares during the last quarter. GAMMA Investing LLC increased its stake in shares of Schwab US Small-Cap ETF by 2,244.2% during the 1st quarter. GAMMA Investing LLC now owns 12,471 shares of the company’s stock worth $292,000 after purchasing an additional 11,939 shares during the last quarter. Finally, Zhang Financial LLC increased its stake in shares of Schwab US Small-Cap ETF by 11.5% during the 1st quarter. Zhang Financial LLC now owns 23,401 shares of the company’s stock worth $548,000 after purchasing an additional 2,407 shares during the last quarter.

Schwab US Small-Cap ETF Price Performance

Schwab US Small-Cap ETF stock opened at $27.17 on Friday. The firm has a market capitalization of $18.71 billion, a PE ratio of 17.65 and a beta of 1.17. The company’s 50-day moving average is $27.30 and its 200-day moving average is $25.26. Schwab US Small-Cap ETF has a fifty-two week low of $20.04 and a fifty-two week high of $28.57.

About Schwab US Small-Cap ETF

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.