Summit Financial Wealth Advisors LLC Buys 40,861 Shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA)

Summit Financial Wealth Advisors LLC raised its stake in shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 277.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 55,587 shares of the company’s stock after purchasing an additional 40,861 shares during the period. Summit Financial Wealth Advisors LLC’s holdings in Schwab US Small-Cap ETF were worth $1,467,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Pine Valley Investments Ltd Liability Co raised its holdings in shares of Schwab US Small-Cap ETF by 7.4% in the third quarter. Pine Valley Investments Ltd Liability Co now owns 6,199 shares of the company’s stock worth $319,000 after buying an additional 425 shares during the period. Cassady Schiller Wealth Management LLC increased its stake in Schwab US Small-Cap ETF by 77.0% in the fourth quarter. Cassady Schiller Wealth Management LLC now owns 1,055 shares of the company’s stock worth $27,000 after purchasing an additional 459 shares during the period. TD Capital Management LLC lifted its position in shares of Schwab US Small-Cap ETF by 100.4% during the fourth quarter. TD Capital Management LLC now owns 958 shares of the company’s stock worth $25,000 after purchasing an additional 480 shares during the last quarter. Pacifica Partners Inc. lifted its position in shares of Schwab US Small-Cap ETF by 100.0% during the fourth quarter. Pacifica Partners Inc. now owns 998 shares of the company’s stock worth $26,000 after purchasing an additional 499 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB boosted its stake in shares of Schwab US Small-Cap ETF by 95.6% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 1,154 shares of the company’s stock valued at $30,000 after purchasing an additional 564 shares during the period.

Schwab US Small-Cap ETF Stock Performance

Schwab US Small-Cap ETF stock traded down $0.81 during trading hours on Thursday, hitting $21.50. The company had a trading volume of 1,551,177 shares, compared to its average volume of 2,239,447. The firm has a market cap of $14.54 billion, a P/E ratio of 16.36 and a beta of 1.21. The company has a 50-day moving average price of $24.50 and a two-hundred day moving average price of $25.81. Schwab US Small-Cap ETF has a 1 year low of $20.04 and a 1 year high of $28.57.

Schwab US Small-Cap ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were paid a $0.0553 dividend. The ex-dividend date was Wednesday, March 26th.

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.