BIP Wealth LLC Trims Stock Position in Schwab US Small-Cap ETF $SCHA

BIP Wealth LLC reduced its stake in Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 10.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 14,932 shares of the company’s stock after selling 1,781 shares during the quarter. BIP Wealth LLC’s holdings in Schwab US Small-Cap ETF were worth $378,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Crowley Wealth Management Inc. lifted its holdings in shares of Schwab US Small-Cap ETF by 50.0% during the second quarter. Crowley Wealth Management Inc. now owns 1,200 shares of the company’s stock worth $30,000 after purchasing an additional 400 shares during the period. Collective Family Office LLC increased its stake in Schwab US Small-Cap ETF by 1.1% in the 2nd quarter. Collective Family Office LLC now owns 40,824 shares of the company’s stock valued at $1,033,000 after buying an additional 426 shares during the period. Retirement Planning Group LLC raised its position in Schwab US Small-Cap ETF by 2.4% during the 2nd quarter. Retirement Planning Group LLC now owns 17,970 shares of the company’s stock worth $455,000 after buying an additional 428 shares during the last quarter. MADDEN SECURITIES Corp lifted its stake in shares of Schwab US Small-Cap ETF by 0.5% in the 2nd quarter. MADDEN SECURITIES Corp now owns 91,831 shares of the company’s stock worth $2,323,000 after acquiring an additional 500 shares during the period. Finally, Assetmark Inc. lifted its stake in shares of Schwab US Small-Cap ETF by 20.9% in the 1st quarter. Assetmark Inc. now owns 2,990 shares of the company’s stock worth $70,000 after acquiring an additional 516 shares during the period.

Schwab US Small-Cap ETF Stock Up 1.0%

Shares of NYSEARCA:SCHA opened at $28.50 on Friday. Schwab US Small-Cap ETF has a fifty-two week low of $20.04 and a fifty-two week high of $28.70. The firm’s 50-day simple moving average is $27.69 and its 200-day simple moving average is $25.67. The company has a market cap of $19.62 billion, a price-to-earnings ratio of 17.65 and a beta of 1.17.

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.