Mission Wealth Management LP Decreases Holdings in Schwab US Small-Cap ETF $SCHA

Mission Wealth Management LP trimmed its stake in shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 8.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 176,874 shares of the company’s stock after selling 15,435 shares during the period. Mission Wealth Management LP’s holdings in Schwab US Small-Cap ETF were worth $5,037,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Bank of America Corp DE lifted its holdings in Schwab US Small-Cap ETF by 5.3% during the second quarter. Bank of America Corp DE now owns 19,019,095 shares of the company’s stock valued at $481,183,000 after purchasing an additional 962,262 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in Schwab US Small-Cap ETF by 6.0% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 5,241,527 shares of the company’s stock valued at $146,239,000 after purchasing an additional 297,189 shares in the last quarter. UBS Group AG lifted its holdings in Schwab US Small-Cap ETF by 7.1% during the third quarter. UBS Group AG now owns 4,096,983 shares of the company’s stock valued at $114,306,000 after purchasing an additional 271,629 shares in the last quarter. Advisory Alpha LLC lifted its holdings in Schwab US Small-Cap ETF by 9.4% during 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 in the last quarter. Finally, HighTower Advisors LLC lifted its holdings in Schwab US Small-Cap ETF by 4.0% during the third quarter. HighTower Advisors LLC now owns 3,005,236 shares of the company’s stock valued at $83,846,000 after purchasing an additional 116,483 shares in the last quarter.

Schwab US Small-Cap ETF Stock Performance

NYSEARCA:SCHA opened at $32.58 on Monday. The company’s 50-day moving average price is $30.76 and its 200-day moving average price is $29.82. The company has a market cap of $22.43 billion, a P/E ratio of 17.65 and a beta of 1.10. Schwab US Small-Cap ETF has a twelve month low of $23.55 and a twelve month high of $33.66.

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.