Element Wealth LLC Has $2.94 Million Stock Holdings in Schwab US Small-Cap ETF (NYSEARCA:SCHA)

Element Wealth LLC lifted its holdings in shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 99.3% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 113,562 shares of the company’s stock after buying an additional 56,577 shares during the period. Schwab US Small-Cap ETF makes up about 1.5% of Element Wealth LLC’s holdings, making the stock its 17th largest holding. Element Wealth LLC’s holdings in Schwab US Small-Cap ETF were worth $2,937,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Trellis Wealth Advisors LLC raised its holdings in shares of Schwab US Small-Cap ETF by 100.0% in the 4th quarter. Trellis Wealth Advisors LLC now owns 17,416 shares of the company’s stock valued at $450,000 after purchasing an additional 8,708 shares during the period. Advantage Trust Co raised its holdings in shares of Schwab US Small-Cap ETF by 100.0% in the 4th quarter. Advantage Trust Co now owns 3,200 shares of the company’s stock valued at $83,000 after purchasing an additional 1,600 shares during the period. LifeSteps Financial Inc. raised its holdings in shares of Schwab US Small-Cap ETF by 89.5% in the 4th quarter. LifeSteps Financial Inc. now owns 10,621 shares of the company’s stock valued at $275,000 after purchasing an additional 5,016 shares during the period. Broadview Financial Management LLC raised its holdings in shares of Schwab US Small-Cap ETF by 97.8% in the 4th quarter. Broadview Financial Management LLC now owns 7,805 shares of the company’s stock valued at $202,000 after purchasing an additional 3,860 shares during the period. Finally, Outfitter Financial LLC raised its holdings in shares of Schwab US Small-Cap ETF by 98.8% in the 4th quarter. Outfitter Financial LLC now owns 132,436 shares of the company’s stock valued at $3,425,000 after purchasing an additional 65,803 shares during the period.

Schwab US Small-Cap ETF Stock Performance

Shares of SCHA stock opened at $25.61 on Friday. The firm’s 50-day moving average is $26.41 and its 200-day moving average is $26.09. The stock has a market cap of $17.97 billion, a price-to-earnings ratio of 17.66 and a beta of 1.19. Schwab US Small-Cap ETF has a 52-week low of $22.53 and a 52-week high of $28.57.

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.