Brown Wealth Management LLC Acquires 35,298 Shares of Schwab US Small-Cap ETF $SCHA

Brown Wealth Management LLC lifted its holdings in shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 19.0% in the second quarter, according to its most recent filing with the SEC. The firm owned 221,188 shares of the company’s stock after acquiring an additional 35,298 shares during the period. Schwab US Small-Cap ETF makes up about 1.7% of Brown Wealth Management LLC’s investment portfolio, making the stock its 16th biggest position. Brown Wealth Management LLC’s holdings in Schwab US Small-Cap ETF were worth $5,596,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the business. Verdence Capital Advisors LLC acquired a new stake in Schwab US Small-Cap ETF during the second quarter valued at approximately $203,000. Courage Miller Partners LLC raised its holdings in shares of Schwab US Small-Cap ETF by 9.0% in the 2nd quarter. Courage Miller Partners LLC now owns 378,178 shares of the company’s stock worth $9,568,000 after buying an additional 31,098 shares in the last quarter. D.A. Davidson & CO. lifted its position in shares of Schwab US Small-Cap ETF by 8.7% during the 2nd quarter. D.A. Davidson & CO. now owns 10,966 shares of the company’s stock worth $277,000 after buying an additional 876 shares during the period. Golden Reserve Retirement LLC bought a new stake in Schwab US Small-Cap ETF in the first quarter valued at $23,698,000. Finally, Avantax Advisory Services Inc. grew its position in Schwab US Small-Cap ETF by 22.0% in the first quarter. Avantax Advisory Services Inc. now owns 108,074 shares of the company’s stock valued at $2,532,000 after acquiring an additional 19,466 shares during the period.

Schwab US Small-Cap ETF Stock Performance

Shares of NYSEARCA SCHA opened at $26.96 on Wednesday. Schwab US Small-Cap ETF has a 52-week low of $20.04 and a 52-week high of $28.82. The business has a fifty day moving average of $27.92 and a two-hundred day moving average of $26.38. The stock has a market cap of $18.56 billion, a PE ratio of 17.65 and a beta of 1.13.

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.