Rede Wealth LLC Takes $1.24 Million Position in Schwab US Small-Cap ETF $SCHA

Rede Wealth LLC purchased a new stake in Schwab US Small-Cap ETF (NYSEARCA:SCHA) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 43,430 shares of the company’s stock, valued at approximately $1,237,000. Schwab US Small-Cap ETF comprises 0.4% of Rede Wealth LLC’s portfolio, making the stock its 24th biggest position.

Other institutional investors and hedge funds also recently modified their holdings of the company. Godsey & Gibb Inc. bought a new stake in shares of Schwab US Small-Cap ETF in the 3rd quarter valued at about $28,000. Kiker Wealth Management LLC acquired a new position in shares of Schwab US Small-Cap ETF in the 3rd quarter valued at approximately $31,000. Tompkins Financial Corp grew its position in shares of Schwab US Small-Cap ETF by 1,982.7% in the 4th quarter. Tompkins Financial Corp now owns 1,083 shares of the company’s stock valued at $31,000 after purchasing an additional 1,031 shares during the period. Stephens Consulting LLC grew its position in shares of Schwab US Small-Cap ETF by 3,108.3% in the 4th quarter. Stephens Consulting LLC now owns 1,155 shares of the company’s stock valued at $33,000 after purchasing an additional 1,119 shares during the period. Finally, Fifth Third Bancorp grew its position in shares of Schwab US Small-Cap ETF by 46.0% in the 3rd quarter. Fifth Third Bancorp now owns 1,273 shares of the company’s stock valued at $36,000 after purchasing an additional 401 shares during the period.

Schwab US Small-Cap ETF Stock Performance

Shares of SCHA opened at $31.21 on Tuesday. The stock has a 50 day simple moving average of $29.93 and a 200 day simple moving average of $29.14. Schwab US Small-Cap ETF has a 52-week low of $21.12 and a 52-week high of $31.25. The firm has a market capitalization of $21.49 billion, a PE ratio of 17.65 and a beta of 1.09.

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.