Weaver Capital Management LLC Grows Stake in Schwab US Small-Cap ETF $SCHA

Weaver Capital Management LLC lifted its holdings in shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 955.2% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 251,155 shares of the company’s stock after acquiring an additional 227,353 shares during the period. Schwab US Small-Cap ETF accounts for approximately 1.6% of Weaver Capital Management LLC’s investment portfolio, making the stock its 15th biggest holding. Weaver Capital Management LLC’s holdings in Schwab US Small-Cap ETF were worth $7,304,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in SCHA. Morton Brown Family Wealth LLC acquired a new position in Schwab US Small-Cap ETF in the fourth quarter valued at approximately $30,000. Tompkins Financial Corp raised its holdings 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 purchasing an additional 1,031 shares in the last quarter. International Assets Investment Management LLC acquired a new stake in Schwab US Small-Cap ETF during the fourth quarter worth approximately $31,000. Stephens Consulting LLC lifted its position in shares of Schwab US Small-Cap ETF by 3,108.3% during the 4th quarter. Stephens Consulting LLC now owns 1,155 shares of the company’s stock worth $33,000 after buying an additional 1,119 shares during the last quarter. Finally, Hilton Head Capital Partners LLC purchased a new stake in shares of Schwab US Small-Cap ETF during the 4th quarter worth approximately $34,000.

Schwab US Small-Cap ETF Trading Down 1.7%

Shares of Schwab US Small-Cap ETF stock opened at $34.85 on Wednesday. The company has a fifty day simple moving average of $33.28 and a 200-day simple moving average of $30.99. Schwab US Small-Cap ETF has a 12-month low of $24.84 and a 12-month high of $35.59. The stock has a market cap of $23.99 billion, a price-to-earnings ratio of 17.65 and a beta of 1.10.

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.