Downshift Financial LLC Makes New $4.34 Million Investment in Schwab US Small-Cap ETF $SCHA

Downshift Financial LLC bought a new stake in shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 145,214 shares of the company’s stock, valued at approximately $4,336,000. Schwab US Small-Cap ETF accounts for approximately 2.7% of Downshift Financial LLC’s investment portfolio, making the stock its 12th largest holding.

Several other hedge funds also recently modified their holdings of SCHA. 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. Northwestern Mutual Wealth Management Co. lifted its holdings in Schwab US Small-Cap ETF by 5.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 5,502,072 shares of the company’s stock valued at $156,699,000 after buying an additional 260,545 shares during the period. UBS Group AG lifted its holdings in Schwab US Small-Cap ETF by 7.1% in the third quarter. UBS Group AG now owns 4,096,983 shares of the company’s stock valued at $114,306,000 after buying an additional 271,629 shares during the period. Advisory Alpha LLC boosted its stake in Schwab US Small-Cap ETF by 9.4% in the third quarter. Advisory Alpha LLC now owns 4,023,752 shares of the company’s stock valued at $112,971,000 after acquiring an additional 346,784 shares during the last quarter. Finally, Valpey Financial Services LLC boosted its stake in Schwab US Small-Cap ETF by 2,689.1% in the fourth quarter. Valpey Financial Services LLC now owns 3,638,749 shares of the company’s stock valued at $103,632,000 after acquiring an additional 3,508,286 shares during the last quarter.

Schwab US Small-Cap ETF Stock Performance

SCHA opened at $35.19 on Friday. The company has a fifty day moving average price of $33.10 and a two-hundred day moving average price of $30.88. The firm has a market capitalization of $24.23 billion, a PE ratio of 17.65 and a beta of 1.10. Schwab US Small-Cap ETF has a 52 week low of $24.33 and a 52 week high of $35.53.

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.