Steele Capital Management Inc. Purchases 806,848 Shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA)

Steele Capital Management Inc. grew its holdings in Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 100.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,607,261 shares of the company’s stock after buying an additional 806,848 shares during the period. Schwab US Small-Cap ETF accounts for about 2.2% of Steele Capital Management Inc.’s portfolio, making the stock its 14th biggest holding. Steele Capital Management Inc.’s holdings in Schwab US Small-Cap ETF were worth $41,564,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. McClarren Financial Advisors Inc. bought a new position in Schwab US Small-Cap ETF in the fourth quarter valued at approximately $25,000. Pacifica Partners Inc. grew its stake in Schwab US Small-Cap ETF by 100.0% during the fourth quarter. Pacifica Partners Inc. now owns 998 shares of the company’s stock worth $26,000 after purchasing an additional 499 shares during the period. MassMutual Private Wealth & Trust FSB grew its holdings in Schwab US Small-Cap ETF by 95.6% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 1,154 shares of the company’s stock worth $30,000 after purchasing an additional 564 shares during the period. Atlantic Edge Private Wealth Management LLC grew its holdings in Schwab US Small-Cap ETF by 100.0% in the fourth quarter. Atlantic Edge Private Wealth Management LLC now owns 1,230 shares of the company’s stock worth $32,000 after purchasing an additional 615 shares during the period. Finally, Beacon Capital Management LLC grew its holdings in Schwab US Small-Cap ETF by 100.0% in the fourth quarter. Beacon Capital Management LLC now owns 1,252 shares of the company’s stock worth $32,000 after purchasing an additional 626 shares during the period.

Schwab US Small-Cap ETF Stock Performance

SCHA stock opened at $26.60 on Tuesday. Schwab US Small-Cap ETF has a fifty-two week low of $22.53 and a fifty-two week high of $28.57. The stock’s 50 day simple moving average is $26.49 and its 200 day simple moving average is $26.06. The company has a market cap of $9.27 billion, a P/E ratio of 14.51 and a beta of 1.19.

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.