Summit Asset Management LLC Purchases 3,037 Shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA)

Summit Asset Management LLC boosted its position in Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 12.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 27,685 shares of the company’s stock after buying an additional 3,037 shares during the quarter. Summit Asset Management LLC’s holdings in Schwab US Small-Cap ETF were worth $1,308,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in the company. Cerity Partners LLC grew its stake in Schwab US Small-Cap ETF by 755.0% in the 4th quarter. Cerity Partners LLC now owns 16,760,429 shares of the company’s stock valued at $791,763,000 after buying an additional 14,800,032 shares in the last quarter. Charles Schwab Investment Advisory Inc. grew its position in shares of Schwab US Small-Cap ETF by 2.1% in the third quarter. Charles Schwab Investment Advisory Inc. now owns 73,795,694 shares of the company’s stock valued at $3,056,618,000 after purchasing an additional 1,507,066 shares in the last quarter. Steele Capital Management Inc. bought a new stake in shares of Schwab US Small-Cap ETF during the 4th quarter valued at $34,279,000. Creative Planning lifted its holdings in Schwab US Small-Cap ETF by 31.5% during the 3rd quarter. Creative Planning now owns 2,444,406 shares of the company’s stock worth $101,247,000 after purchasing an additional 584,906 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in Schwab US Small-Cap ETF by 3.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 8,983,350 shares of the company’s stock worth $372,090,000 after purchasing an additional 322,503 shares during the period.

Schwab US Small-Cap ETF Stock Performance

Schwab US Small-Cap ETF stock traded up $0.55 during midday trading on Thursday, reaching $46.73. 568,993 shares of the stock were exchanged, compared to its average volume of 1,205,208. The company’s fifty day moving average is $47.42 and its 200-day moving average is $45.20. Schwab US Small-Cap ETF has a 52 week low of $38.05 and a 52 week high of $49.54. The firm has a market cap of $16.26 billion, a PE ratio of 13.86 and a beta of 1.21.

Schwab US Small-Cap ETF Company 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.