Grantvest Financial Group LLC Invests $961,000 in Schwab US Small-Cap ETF (NYSEARCA:SCHA)

Grantvest Financial Group LLC acquired a new stake in Schwab US Small-Cap ETF (NYSEARCA:SCHA) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 37,147 shares of the company’s stock, valued at approximately $961,000. Schwab US Small-Cap ETF accounts for about 1.1% of Grantvest Financial Group LLC’s portfolio, making the stock its 28th largest holding.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Empower Advisory Group LLC boosted its holdings in shares of Schwab US Small-Cap ETF by 106.0% during the 4th quarter. Empower Advisory Group LLC now owns 25,335,420 shares of the company’s stock valued at $655,174,000 after buying an additional 13,037,193 shares in the last quarter. Sei Investments Co. lifted its holdings in shares of Schwab US Small-Cap ETF by 87.9% in the 4th quarter. Sei Investments Co. now owns 13,755,837 shares of the company’s stock valued at $355,726,000 after acquiring an additional 6,434,970 shares during the last quarter. Advisory Alpha LLC grew its stake in shares of Schwab US Small-Cap ETF by 96.0% during the fourth quarter. Advisory Alpha LLC now owns 4,232,965 shares of the company’s stock valued at $109,466,000 after buying an additional 2,073,546 shares during the last quarter. HighTower Advisors LLC increased its stake in Schwab US Small-Cap ETF by 107.3% in the 4th quarter. HighTower Advisors LLC now owns 2,616,584 shares of the company’s stock worth $67,665,000 after buying an additional 1,354,334 shares during the period. Finally, LPL Financial LLC increased its position in Schwab US Small-Cap ETF by 113.4% during the 4th quarter. LPL Financial LLC now owns 2,405,263 shares of the company’s stock valued at $62,200,000 after purchasing an additional 1,278,131 shares during the period.

Schwab US Small-Cap ETF Price Performance

Shares of NYSEARCA:SCHA opened at $23.92 on Monday. The business’s 50-day moving average is $25.65 and its 200 day moving average is $26.06. The firm has a market capitalization of $16.78 billion, a P/E ratio of 16.27 and a beta of 1.21. Schwab US Small-Cap ETF has a 1 year low of $22.53 and a 1 year high of $28.57.

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.