Lionshead Wealth Management LLC Purchases New Stake in Schwab US Small-Cap ETF (NYSEARCA:SCHA)

Lionshead Wealth Management LLC purchased a new stake in Schwab US Small-Cap ETF (NYSEARCA:SCHA) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 12,976 shares of the company’s stock, valued at approximately $336,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Bank of America Corp DE increased its holdings in shares of Schwab US Small-Cap ETF by 109.4% in the fourth quarter. Bank of America Corp DE now owns 46,334,067 shares of the company’s stock valued at $1,198,199,000 after purchasing an additional 24,203,669 shares during the last quarter. Empower Advisory Group LLC increased its holdings in shares of Schwab US Small-Cap ETF by 106.0% in the fourth quarter. Empower Advisory Group LLC now owns 25,335,420 shares of the company’s stock valued at $655,174,000 after purchasing an additional 13,037,193 shares during the last quarter. Sei Investments Co. increased its holdings in shares of Schwab US Small-Cap ETF by 87.9% in the fourth quarter. Sei Investments Co. now owns 13,755,837 shares of the company’s stock valued at $355,726,000 after purchasing an additional 6,434,970 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of Schwab US Small-Cap ETF by 216.3% in the fourth quarter. Envestnet Asset Management Inc. now owns 6,306,514 shares of the company’s stock valued at $163,086,000 after purchasing an additional 4,312,689 shares during the last quarter. Finally, Financial Engines Advisors L.L.C. increased its holdings in shares of Schwab US Small-Cap ETF by 94.2% in the fourth quarter. Financial Engines Advisors L.L.C. now owns 5,099,991 shares of the company’s stock valued at $131,886,000 after purchasing an additional 2,473,980 shares during the last quarter.

Schwab US Small-Cap ETF Stock Performance

NYSEARCA:SCHA opened at $23.65 on Monday. The stock has a 50 day moving average price of $22.93 and a 200 day moving average price of $25.32. The stock has a market cap of $16.30 billion, a PE ratio of 17.26 and a beta of 1.13. Schwab US Small-Cap ETF has a one year low of $20.04 and a one year high of $28.57.

Schwab US Small-Cap ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th were paid a dividend of $0.0553 per share. The ex-dividend date of this dividend was Wednesday, March 26th.

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.