Optima Capital LLC Takes Position in Schwab US Small-Cap ETF $SCHA

Optima Capital LLC bought a new position in shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 26,339 shares of the company’s stock, valued at approximately $735,000.

Several other hedge funds have also added to or reduced their stakes in the company. Empower Advisory Group LLC raised its holdings in Schwab US Small-Cap ETF by 26.7% during the 2nd quarter. Empower Advisory Group LLC now owns 33,442,998 shares of the company’s stock worth $846,108,000 after purchasing an additional 7,049,998 shares during the last quarter. Bank of America Corp DE grew its position in shares of Schwab US Small-Cap ETF by 5.3% during the 2nd quarter. Bank of America Corp DE now owns 19,019,095 shares of the company’s stock worth $481,183,000 after buying an additional 962,262 shares during the period. Sei Investments Co. raised its stake in shares of Schwab US Small-Cap ETF by 8.0% during the second quarter. Sei Investments Co. now owns 15,481,401 shares of the company’s stock worth $391,681,000 after buying an additional 1,144,820 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in Schwab US Small-Cap ETF by 21.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 4,944,338 shares of the company’s stock valued at $125,092,000 after buying an additional 861,800 shares during the period. Finally, Creative Planning lifted its holdings in Schwab US Small-Cap ETF by 3.1% in the second quarter. Creative Planning now owns 4,689,773 shares of the company’s stock valued at $118,651,000 after buying an additional 140,068 shares during the period.

Schwab US Small-Cap ETF Stock Performance

Shares of SCHA stock opened at $30.13 on Wednesday. The firm’s 50 day moving average price is $28.58 and its two-hundred day moving average price is $27.61. Schwab US Small-Cap ETF has a 52-week low of $20.04 and a 52-week high of $30.28. The stock has a market cap of $20.74 billion, a PE ratio of 17.65 and a beta of 1.13.

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.