Brand Asset Management Group Inc. Has $9.15 Million Stake in Schwab US Small-Cap ETF $SCHA

Brand Asset Management Group Inc. grew its position in Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 51.5% in the third quarter, HoldingsChannel.com reports. The fund owned 327,785 shares of the company’s stock after buying an additional 111,357 shares during the quarter. Schwab US Small-Cap ETF comprises 2.6% of Brand Asset Management Group Inc.’s portfolio, making the stock its 13th biggest position. Brand Asset Management Group Inc.’s holdings in Schwab US Small-Cap ETF were worth $9,145,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Empower Advisory Group LLC increased 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 valued at $846,108,000 after purchasing an additional 7,049,998 shares in the last quarter. Bank of America Corp DE boosted its stake in Schwab US Small-Cap ETF by 5.3% in the second quarter. Bank of America Corp DE now owns 19,019,095 shares of the company’s stock worth $481,183,000 after purchasing an additional 962,262 shares in the last quarter. Sei Investments Co. grew its holdings 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 purchasing an additional 1,144,820 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of 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 in the last quarter. Finally, Creative Planning increased its stake in shares of 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 in the last quarter.

Schwab US Small-Cap ETF Stock Down 1.3%

Shares of NYSEARCA SCHA opened at $30.52 on Friday. The firm’s 50-day simple moving average is $30.13 and its 200 day simple moving average is $28.65. The company has a market cap of $21.01 billion, a price-to-earnings ratio of 17.65 and a beta of 1.13. Schwab US Small-Cap ETF has a 12-month low of $20.04 and a 12-month high of $31.25.

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. 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.