Main Street Financial Solutions LLC Cuts Stock Position in Schwab US Small-Cap ETF $SCHA

Main Street Financial Solutions LLC reduced its position in Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 5.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 571,325 shares of the company’s stock after selling 32,034 shares during the quarter. Schwab US Small-Cap ETF accounts for about 1.2% of Main Street Financial Solutions LLC’s holdings, making the stock its 15th largest holding. Main Street Financial Solutions LLC owned approximately 0.08% of Schwab US Small-Cap ETF worth $16,271,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. CIBC Private Wealth Group LLC boosted its holdings in Schwab US Small-Cap ETF by 41.3% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 70,203 shares of the company’s stock valued at $1,959,000 after acquiring an additional 20,505 shares during the period. Meriwether Wealth & Planning LLC purchased a new stake in Schwab US Small-Cap ETF during the 4th quarter valued at about $5,580,000. EverSource Wealth Advisors LLC boosted its holdings in Schwab US Small-Cap ETF by 494.9% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 59,363 shares of the company’s stock valued at $1,656,000 after acquiring an additional 49,385 shares during the period. Integrity Advisory Solutions LLC purchased a new stake in Schwab US Small-Cap ETF during the 3rd quarter valued at about $4,886,000. Finally, Dorato Capital Management purchased a new stake in Schwab US Small-Cap ETF during the 4th quarter valued at about $2,419,000.

Schwab US Small-Cap ETF Price Performance

Shares of SCHA stock opened at $34.43 on Thursday. The stock has a market capitalization of $23.71 billion, a PE ratio of 17.65 and a beta of 1.10. Schwab US Small-Cap ETF has a 1-year low of $24.33 and a 1-year high of $35.53. The business has a 50-day moving average of $32.90 and a 200 day moving average of $30.81.

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.