Steele Capital Management Inc. Acquires Shares of 725,631 Schwab US Small-Cap ETF (NYSEARCA:SCHA)

Steele Capital Management Inc. acquired 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 Securities and Exchange Commission (SEC). The institutional investor acquired 725,631 shares of the company’s stock, valued at approximately $34,279,000. Schwab US Small-Cap ETF accounts for 2.2% of Steele Capital Management Inc.’s investment portfolio, making the stock its 14th largest holding. Steele Capital Management Inc. owned 0.21% of Schwab US Small-Cap ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Berger Financial Group Inc raised its position in Schwab US Small-Cap ETF by 7.6% during the third quarter. Berger Financial Group Inc now owns 200,601 shares of the company’s stock valued at $8,309,000 after purchasing an additional 14,187 shares during the period. Athena Investment Management raised its position in Schwab US Small-Cap ETF by 0.5% during the third quarter. Athena Investment Management now owns 158,658 shares of the company’s stock valued at $6,572,000 after purchasing an additional 744 shares during the period. Atria Investments Inc purchased a new stake in Schwab US Small-Cap ETF during the third quarter valued at approximately $2,146,000. Sunbelt Securities Inc. raised its position in Schwab US Small-Cap ETF by 11.8% during the third quarter. Sunbelt Securities Inc. now owns 121,368 shares of the company’s stock valued at $5,027,000 after purchasing an additional 12,792 shares during the period. Finally, Friedenthal Financial raised its position in Schwab US Small-Cap ETF by 1.4% during the fourth quarter. Friedenthal Financial now owns 123,806 shares of the company’s stock valued at $5,849,000 after purchasing an additional 1,674 shares during the period.

Schwab US Small-Cap ETF Trading Up 0.8 %

Shares of NYSEARCA SCHA traded up $0.36 during midday trading on Monday, hitting $46.95. The company’s stock had a trading volume of 797,030 shares, compared to its average volume of 1,211,094. The business’s 50 day moving average is $47.45 and its two-hundred day moving average is $45.11. Schwab US Small-Cap ETF has a 12-month low of $38.05 and a 12-month high of $49.54. The firm has a market cap of $16.34 billion, a P/E ratio of 13.86 and a beta of 1.21.

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.