RKL Wealth Management LLC Sells 47,955 Shares of Schwab US Small-Cap ETF $SCHA

RKL Wealth Management LLC lowered its stake in Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 9.0% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 486,494 shares of the company’s stock after selling 47,955 shares during the period. Schwab US Small-Cap ETF accounts for 1.3% of RKL Wealth Management LLC’s portfolio, making the stock its 21st largest position. RKL Wealth Management LLC owned 0.07% of Schwab US Small-Cap ETF worth $14,147,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Squire Investment Management Company LLC bought a new position in Schwab US Small-Cap ETF in the 1st quarter worth approximately $202,000. Essex LLC boosted its position in Schwab US Small-Cap ETF by 0.4% in the 1st quarter. Essex LLC now owns 391,403 shares of the company’s stock valued at $11,382,000 after buying an additional 1,370 shares during the last quarter. Lighthouse Wealth Management Inc. boosted its position in Schwab US Small-Cap ETF by 3.0% in the 1st quarter. Lighthouse Wealth Management Inc. now owns 147,106 shares of the company’s stock valued at $4,278,000 after buying an additional 4,266 shares during the last quarter. Kohmann Bosshard Financial Services LLC increased its stake in shares of Schwab US Small-Cap ETF by 1.3% in the 1st quarter. Kohmann Bosshard Financial Services LLC now owns 1,375,800 shares of the company’s stock valued at $40,057,000 after buying an additional 17,604 shares during the period. Finally, Mayflower Financial Advisors LLC acquired a new stake in shares of Schwab US Small-Cap ETF in the 1st quarter valued at $253,000.

Schwab US Small-Cap ETF Stock Down 1.4%

SCHA stock opened at $35.62 on Thursday. Schwab US Small-Cap ETF has a twelve month low of $24.95 and a twelve month high of $36.20. The company has a market cap of $24.52 billion, a P/E ratio of 17.65 and a beta of 1.09. The business has a fifty day moving average of $33.74 and a 200-day moving average of $31.27.

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.