Schwab US Small-Cap ETF $SCHA Stake Lessened by Elmwood Wealth Management Inc.

Elmwood Wealth Management Inc. cut its stake in shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 68.2% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 15,187 shares of the company’s stock after selling 32,500 shares during the quarter. Elmwood Wealth Management Inc.’s holdings in Schwab US Small-Cap ETF were worth $496,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in SCHA. Markowski Investments acquired a new stake in Schwab US Small-Cap ETF in the second quarter valued at approximately $34,000. Angeles Wealth Management LLC lifted its stake in Schwab US Small-Cap ETF by 81.8% in the first quarter. Angeles Wealth Management LLC now owns 1,109 shares of the company’s stock worth $32,000 after acquiring an additional 499 shares during the last quarter. Main Street Group LTD purchased a new position in Schwab US Small-Cap ETF in the first quarter worth approximately $33,000. Osbon Capital Management LLC purchased a new position in Schwab US Small-Cap ETF in the fourth quarter worth approximately $36,000. Finally, Nalls Sherbakoff Group LLC acquired a new position in Schwab US Small-Cap ETF during the 4th quarter worth approximately $42,000.

Schwab US Small-Cap ETF Stock Down 1.8%

NYSEARCA SCHA traded down $0.57 on Wednesday, hitting $31.99. 4,761,837 shares of the stock were exchanged, compared to its average volume of 2,890,371. Schwab US Small-Cap ETF has a fifty-two week low of $26.45 and a fifty-two week high of $36.20. The company has a 50-day moving average price of $33.91 and a 200-day moving average price of $33.45. The company has a market cap of $22.03 billion, a PE ratio of 17.65 and a beta of 1.11.

About Schwab US Small-Cap ETF

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.