Summit Wealth & Retirement Planning Inc. Has $16.11 Million Stock Holdings in Schwab US Small-Cap ETF $SCHA

Summit Wealth & Retirement Planning Inc. reduced its holdings in Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 3.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 577,395 shares of the company’s stock after selling 22,224 shares during the quarter. Schwab US Small-Cap ETF accounts for 4.0% of Summit Wealth & Retirement Planning Inc.’s portfolio, making the stock its 7th largest position. Summit Wealth & Retirement Planning Inc.’s holdings in Schwab US Small-Cap ETF were worth $16,109,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the stock. SYM FINANCIAL Corp acquired a new position in shares of Schwab US Small-Cap ETF in the 2nd quarter worth approximately $28,000. Godsey & Gibb Inc. acquired a new stake in Schwab US Small-Cap ETF during the third quarter valued at $28,000. Hantz Financial Services Inc. raised its holdings in shares of Schwab US Small-Cap ETF by 111.7% during the 2nd quarter. Hantz Financial Services Inc. now owns 1,137 shares of the company’s stock valued at $29,000 after purchasing an additional 600 shares in the last quarter. Kiker Wealth Management LLC bought a new position in shares of Schwab US Small-Cap ETF in the 3rd quarter valued at approximately $31,000. Finally, First Horizon Corp acquired a new stake in shares of Schwab US Small-Cap ETF in the third quarter worth $45,000.

Schwab US Small-Cap ETF Stock Down 1.1%

Shares of NYSEARCA SCHA opened at $30.04 on Friday. The company has a market cap of $20.68 billion, a P/E ratio of 17.65 and a beta of 1.13. Schwab US Small-Cap ETF has a 12 month low of $20.04 and a 12 month high of $31.25. The business’s 50 day moving average is $29.37 and its two-hundred day moving average is $28.00.

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. 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.