Independent Solutions Wealth Management LLC Grows Stake in Schwab US Small-Cap ETF $SCHA

Independent Solutions Wealth Management LLC lifted its position in Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 6.7% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 83,441 shares of the company’s stock after purchasing an additional 5,230 shares during the quarter. Independent Solutions Wealth Management LLC’s holdings in Schwab US Small-Cap ETF were worth $2,111,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Empower Advisory Group LLC lifted its position in Schwab US Small-Cap ETF by 4.2% during the 1st quarter. Empower Advisory Group LLC now owns 26,393,000 shares of the company’s stock valued at $618,388,000 after acquiring an additional 1,057,580 shares during the period. Cerity Partners LLC lifted its position in shares of Schwab US Small-Cap ETF by 2.9% in the first quarter. Cerity Partners LLC now owns 4,783,873 shares of the company’s stock valued at $112,086,000 after acquiring an additional 137,074 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in Schwab US Small-Cap ETF by 67.2% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 4,652,197 shares of the company’s stock valued at $121,329,000 after acquiring an additional 1,869,642 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Schwab US Small-Cap ETF by 19.0% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 4,082,538 shares of the company’s stock worth $95,654,000 after purchasing an additional 652,644 shares during the period. Finally, HighTower Advisors LLC boosted its position in shares of Schwab US Small-Cap ETF by 6.3% during the first quarter. HighTower Advisors LLC now owns 2,781,634 shares of the company’s stock valued at $65,174,000 after buying an additional 165,050 shares during the period.

Schwab US Small-Cap ETF Trading Up 0.2%

Shares of NYSEARCA SCHA opened at $28.33 on Tuesday. The stock’s fifty day simple moving average is $27.13 and its two-hundred day simple moving average is $25.18. The stock has a market capitalization of $19.51 billion, a PE ratio of 17.65 and a beta of 1.17. Schwab US Small-Cap ETF has a 12-month low of $20.04 and a 12-month high of $28.57.

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.