Schwab US Small-Cap ETF (NYSEARCA:SCHA) Shares Acquired by Brown Wealth Management LLC

Brown Wealth Management LLC increased its position in shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 101.5% during the 4th quarter, Holdings Channel reports. The institutional investor owned 190,062 shares of the company’s stock after purchasing an additional 95,741 shares during the quarter. Schwab US Small-Cap ETF comprises about 1.7% of Brown Wealth Management LLC’s holdings, making the stock its 15th largest position. Brown Wealth Management LLC’s holdings in Schwab US Small-Cap ETF were worth $4,915,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its holdings in shares of Schwab US Small-Cap ETF by 109.4% in the 4th quarter. Bank of America Corp DE now owns 46,334,067 shares of the company’s stock worth $1,198,199,000 after acquiring an additional 24,203,669 shares during the last quarter. Empower Advisory Group LLC raised its position in 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 period. Sei Investments Co. lifted its stake in Schwab US Small-Cap ETF by 87.9% during the fourth quarter. Sei Investments Co. now owns 13,755,837 shares of the company’s stock worth $355,726,000 after purchasing an additional 6,434,970 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Schwab US Small-Cap ETF by 216.3% during the fourth quarter. Envestnet Asset Management Inc. now owns 6,306,514 shares of the company’s stock worth $163,086,000 after buying an additional 4,312,689 shares during the period. Finally, Financial Engines Advisors L.L.C. grew its stake 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 buying an additional 2,473,980 shares in the last quarter.

Schwab US Small-Cap ETF Price Performance

Shares of Schwab US Small-Cap ETF stock opened at $23.52 on Friday. The stock has a market capitalization of $16.16 billion, a price-to-earnings ratio of 16.25 and a beta of 1.13. The business has a 50-day moving average of $23.08 and a 200 day moving average of $25.41. Schwab US Small-Cap ETF has a 12 month low of $20.04 and a 12 month high of $28.57.

Schwab US Small-Cap ETF Cuts Dividend

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

Schwab US Small-Cap ETF Company 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.