Merit Financial Group LLC Grows Holdings in Schwab US Small-Cap ETF $SCHA

Merit Financial Group LLC grew its position in shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 45.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 636,337 shares of the company’s stock after purchasing an additional 200,050 shares during the period. Merit Financial Group LLC owned 0.09% of Schwab US Small-Cap ETF worth $18,123,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of SCHA. Godsey & Gibb Inc. acquired a new position in shares of Schwab US Small-Cap ETF in the third quarter valued at approximately $28,000. Tompkins Financial Corp boosted its position in Schwab US Small-Cap ETF by 1,982.7% during the fourth quarter. Tompkins Financial Corp now owns 1,083 shares of the company’s stock worth $31,000 after acquiring an additional 1,031 shares during the last quarter. Kiker Wealth Management LLC purchased a new stake in Schwab US Small-Cap ETF in the 3rd quarter worth approximately $31,000. Stephens Consulting LLC grew its stake in Schwab US Small-Cap ETF by 3,108.3% in the 4th quarter. Stephens Consulting LLC now owns 1,155 shares of the company’s stock worth $33,000 after acquiring an additional 1,119 shares during the period. Finally, Fifth Third Bancorp raised its holdings in Schwab US Small-Cap ETF by 46.0% in the 3rd quarter. Fifth Third Bancorp now owns 1,273 shares of the company’s stock valued at $36,000 after acquiring an additional 401 shares during the last quarter.

Schwab US Small-Cap ETF Stock Up 0.5%

Shares of Schwab US Small-Cap ETF stock opened at $31.59 on Friday. Schwab US Small-Cap ETF has a fifty-two week low of $21.12 and a fifty-two week high of $31.63. The firm has a market cap of $21.75 billion, a PE ratio of 17.65 and a beta of 1.09. The business’s fifty day moving average is $30.00 and its two-hundred day moving average is $29.20.

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.