Main Street Financial Solutions LLC Raises Stock Position in Schwab US Small-Cap ETF (NYSEARCA:SCHA)

Main Street Financial Solutions LLC grew its holdings in Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 108.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 524,465 shares of the company’s stock after acquiring an additional 273,311 shares during the period. Schwab US Small-Cap ETF comprises about 1.3% of Main Street Financial Solutions LLC’s investment portfolio, making the stock its 14th biggest position. Main Street Financial Solutions LLC owned about 0.15% of Schwab US Small-Cap ETF worth $13,563,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Empower Advisory Group LLC lifted its holdings in Schwab US Small-Cap ETF by 106.0% in the 4th quarter. Empower Advisory Group LLC now owns 25,335,420 shares of the company’s stock worth $655,174,000 after purchasing an additional 13,037,193 shares in the last quarter. Sei Investments Co. lifted its holdings in shares of Schwab US Small-Cap ETF by 87.9% in the fourth quarter. Sei Investments Co. now owns 13,755,837 shares of the company’s stock worth $355,726,000 after buying an additional 6,434,970 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Schwab US Small-Cap ETF by 216.3% during the fourth quarter. Envestnet Asset Management Inc. now owns 6,306,514 shares of the company’s stock worth $163,086,000 after acquiring an additional 4,312,689 shares during the last quarter. Financial Engines Advisors L.L.C. grew its stake in Schwab US Small-Cap ETF by 94.2% during the fourth quarter. Financial Engines Advisors L.L.C. now owns 5,099,991 shares of the company’s stock valued at $131,886,000 after acquiring an additional 2,473,980 shares in the last quarter. Finally, Cerity Partners LLC increased its holdings in Schwab US Small-Cap ETF by 105.6% in the 4th quarter. Cerity Partners LLC now owns 4,646,799 shares of the company’s stock valued at $120,190,000 after acquiring an additional 2,386,242 shares during the last quarter.

Schwab US Small-Cap ETF Stock Down 0.0 %

Shares of Schwab US Small-Cap ETF stock opened at $21.88 on Wednesday. Schwab US Small-Cap ETF has a twelve month low of $20.04 and a twelve month high of $28.57. The business has a 50-day moving average price of $24.10 and a 200-day moving average price of $25.70. The firm has a market cap of $14.80 billion, a price-to-earnings ratio of 16.36 and a beta of 1.21.

Schwab US Small-Cap ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th were issued a dividend of $0.0553 per share. The ex-dividend date of this dividend 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.