Fortis Capital Management LLC Increases Stock Holdings in Schwab US Small-Cap ETF $SCHA

Fortis Capital Management LLC boosted its holdings in shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 17.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 335,415 shares of the company’s stock after buying an additional 50,762 shares during the period. Schwab US Small-Cap ETF makes up 1.0% of Fortis Capital Management LLC’s holdings, making the stock its 20th largest position. Fortis Capital Management LLC’s holdings in Schwab US Small-Cap ETF were worth $9,754,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Morton Brown Family Wealth LLC acquired a new stake in Schwab US Small-Cap ETF in the fourth quarter worth about $30,000. Tompkins Financial Corp increased its holdings in shares of Schwab US Small-Cap ETF by 1,982.7% during the fourth quarter. Tompkins Financial Corp now owns 1,083 shares of the company’s stock valued at $31,000 after acquiring an additional 1,031 shares in the last quarter. International Assets Investment Management LLC acquired a new position in shares of Schwab US Small-Cap ETF during the fourth quarter valued at about $31,000. Angeles Wealth Management LLC increased its holdings in shares of Schwab US Small-Cap ETF by 81.8% during the first quarter. Angeles Wealth Management LLC now owns 1,109 shares of the company’s stock valued at $32,000 after acquiring an additional 499 shares in the last quarter. Finally, Stephens Consulting LLC raised 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 last quarter.

Schwab US Small-Cap ETF Stock Up 2.2%

SCHA stock opened at $34.62 on Wednesday. The firm has a 50 day moving average of $34.28 and a 200 day moving average of $31.83. The stock has a market capitalization of $23.84 billion, a PE ratio of 17.65 and a beta of 1.09. Schwab US Small-Cap ETF has a 52 week low of $24.95 and a 52 week high of $36.20.

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. 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.