Lighthouse Wealth Management Inc. Invests $3.98 Million in Schwab US Small-Cap ETF (NYSEARCA:SCHA)

Lighthouse Wealth Management Inc. bought a new stake in Schwab US Small-Cap ETF (NYSEARCA:SCHA) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 153,794 shares of the company’s stock, valued at approximately $3,977,000. Schwab US Small-Cap ETF accounts for about 3.6% of Lighthouse Wealth Management Inc.’s investment portfolio, making the stock its 9th biggest position.

A number of other hedge funds have also recently added to or reduced their stakes in SCHA. AQR Capital Management LLC purchased a new position in shares of Schwab US Small-Cap ETF during the second quarter worth approximately $2,275,000. Copperwynd Financial LLC boosted its stake in Schwab US Small-Cap ETF by 17.9% during the 2nd quarter. Copperwynd Financial LLC now owns 103,089 shares of the company’s stock worth $5,302,000 after purchasing an additional 15,685 shares during the period. Silver Lake Advisory LLC purchased a new position in Schwab US Small-Cap ETF during the 2nd quarter worth $1,145,000. Northwestern Mutual Wealth Management Co. increased its stake in Schwab US Small-Cap ETF by 9.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,526,979 shares of the company’s stock valued at $72,475,000 after purchasing an additional 132,538 shares during the period. Finally, NewEdge Advisors LLC raised its holdings in shares of Schwab US Small-Cap ETF by 142.3% in the second quarter. NewEdge Advisors LLC now owns 49,336 shares of the company’s stock valued at $2,341,000 after buying an additional 28,978 shares during the last quarter.

Schwab US Small-Cap ETF Stock Performance

Shares of SCHA opened at $26.92 on Monday. Schwab US Small-Cap ETF has a fifty-two week low of $22.41 and a fifty-two week high of $28.57. The firm has a 50-day simple moving average of $26.83 and a 200-day simple moving average of $25.91. The company has a market capitalization of $9.38 billion, a price-to-earnings ratio of 14.51 and a beta of 1.19.

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.