Rialto Wealth Management LLC Cuts Holdings in Schwab International Small-Cap Equity ETF $SCHC

Rialto Wealth Management LLC trimmed its stake in Schwab International Small-Cap Equity ETF (NYSEARCA:SCHC) by 5.0% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 183,578 shares of the company’s stock after selling 9,697 shares during the quarter. Schwab International Small-Cap Equity ETF makes up about 2.2% of Rialto Wealth Management LLC’s investment portfolio, making the stock its 10th largest holding. Rialto Wealth Management LLC owned about 0.17% of Schwab International Small-Cap Equity ETF worth $7,819,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Harbour Investments Inc. boosted its position in Schwab International Small-Cap Equity ETF by 65.3% during the 1st quarter. Harbour Investments Inc. now owns 820 shares of the company’s stock worth $29,000 after acquiring an additional 324 shares during the period. Godsey & Gibb Inc. bought a new stake in shares of Schwab International Small-Cap Equity ETF during the second quarter valued at about $40,000. Atlantic Union Bankshares Corp bought a new stake in shares of Schwab International Small-Cap Equity ETF during the second quarter valued at about $40,000. Ameritas Advisory Services LLC acquired a new stake in Schwab International Small-Cap Equity ETF in the second quarter worth about $67,000. Finally, Cranbrook Wealth Management LLC bought a new position in Schwab International Small-Cap Equity ETF in the 2nd quarter valued at about $75,000.

Schwab International Small-Cap Equity ETF Stock Performance

Shares of NYSEARCA SCHC opened at $44.49 on Friday. The stock has a fifty day moving average price of $45.25 and a two-hundred day moving average price of $42.78. The firm has a market cap of $4.81 billion, a P/E ratio of 16.25 and a beta of 0.96. Schwab International Small-Cap Equity ETF has a 1 year low of $30.84 and a 1 year high of $46.26.

About Schwab International Small-Cap Equity ETF

Schwab International Small-Cap Equity ETF (the Fund) seeks to track the total return of the FTSE Developed Small Cap ex-US Liquid Index (the Index). The Fund’s index consists of small capitalization companies in developed countries outside the United States. The Index defines the small capitalization universe as approximately the bottom 10% of the eligible universe with a minimum free float capitalization of $150 million.