Summit Financial LLC Increases Stock Holdings in Schwab US Small-Cap ETF (NYSEARCA:SCHA)

Summit Financial LLC grew its stake in Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 212.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 68,267 shares of the company’s stock after purchasing an additional 46,417 shares during the period. Summit Financial LLC’s holdings in Schwab US Small-Cap ETF were worth $1,765,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of SCHA. Pine Valley Investments Ltd Liability Co increased its stake in Schwab US Small-Cap ETF by 7.4% in the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 6,199 shares of the company’s stock valued at $319,000 after buying an additional 425 shares during the period. Cassady Schiller Wealth Management LLC lifted its holdings in shares of Schwab US Small-Cap ETF by 77.0% in the 4th quarter. Cassady Schiller Wealth Management LLC now owns 1,055 shares of the company’s stock valued at $27,000 after buying an additional 459 shares during the period. TD Capital Management LLC boosted its stake in shares of Schwab US Small-Cap ETF by 100.4% in the fourth quarter. TD Capital Management LLC now owns 958 shares of the company’s stock valued at $25,000 after buying an additional 480 shares in the last quarter. Pacifica Partners Inc. grew its holdings in Schwab US Small-Cap ETF by 100.0% during the fourth quarter. Pacifica Partners Inc. now owns 998 shares of the company’s stock worth $26,000 after acquiring an additional 499 shares during the period. Finally, Glass Jacobson Investment Advisors llc raised its position in Schwab US Small-Cap ETF by 3.5% in the third quarter. Glass Jacobson Investment Advisors llc now owns 15,513 shares of the company’s stock worth $799,000 after acquiring an additional 530 shares in the last quarter.

Schwab US Small-Cap ETF Stock Performance

Shares of NYSEARCA SCHA opened at $23.48 on Wednesday. Schwab US Small-Cap ETF has a one year low of $22.53 and a one year high of $28.57. The firm has a market capitalization of $15.88 billion, a P/E ratio of 16.36 and a beta of 1.21. The company’s fifty day moving average is $25.32 and its two-hundred day moving average is $26.03.

Schwab US Small-Cap ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th were paid a dividend of $0.0553 per share. The ex-dividend date was Wednesday, March 26th.

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.