Schwab US Small-Cap ETF $SCHA is RMG Wealth Management LLC’s 7th Largest Position

RMG Wealth Management LLC reduced its position in shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 70.4% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,500,409 shares of the company’s stock after selling 3,577,001 shares during the period. Schwab US Small-Cap ETF makes up approximately 5.2% of RMG Wealth Management LLC’s portfolio, making the stock its 7th largest position. RMG Wealth Management LLC owned about 0.22% of Schwab US Small-Cap ETF worth $43,632,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Dickmeyer Boyce Financial Management Inc. purchased a new position in Schwab US Small-Cap ETF in the first quarter worth $986,000. Ascension Capital Advisors Inc. boosted its position in shares of Schwab US Small-Cap ETF by 1.5% during the 1st quarter. Ascension Capital Advisors Inc. now owns 710,716 shares of the company’s stock worth $20,668,000 after purchasing an additional 10,293 shares in the last quarter. Cetera Investment Advisers grew its stake in shares of Schwab US Small-Cap ETF by 7.5% during the 1st quarter. Cetera Investment Advisers now owns 1,271,774 shares of the company’s stock worth $36,983,000 after purchasing an additional 88,435 shares during the period. Wealthspire Retirement LLC increased its holdings in shares of Schwab US Small-Cap ETF by 2.3% in the 1st quarter. Wealthspire Retirement LLC now owns 149,639 shares of the company’s stock valued at $4,352,000 after purchasing an additional 3,305 shares in the last quarter. Finally, Clearwater Capital Advisors LLC lifted its stake in shares of Schwab US Small-Cap ETF by 1.9% in the first quarter. Clearwater Capital Advisors LLC now owns 624,063 shares of the company’s stock valued at $18,148,000 after purchasing an additional 11,761 shares during the period.

Schwab US Small-Cap ETF Trading Down 0.5%

SCHA stock opened at $34.26 on Friday. The company has a market cap of $23.59 billion, a P/E ratio of 17.65 and a beta of 1.09. Schwab US Small-Cap ETF has a 52 week low of $24.95 and a 52 week high of $36.20. The company’s 50-day moving average price is $34.33 and its 200 day moving average price is $31.91.

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. 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.