Davis Capital Management Purchases 86,121 Shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA)

Davis Capital Management lifted its position in shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 100.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 172,116 shares of the company’s stock after purchasing an additional 86,121 shares during the period. Schwab US Small-Cap ETF comprises 3.6% of Davis Capital Management’s portfolio, making the stock its 4th largest position. Davis Capital Management’s holdings in Schwab US Small-Cap ETF were worth $4,451,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in SCHA. American Century Companies Inc. lifted its position in shares of Schwab US Small-Cap ETF by 20.4% during the second quarter. American Century Companies Inc. now owns 69,444 shares of the company’s stock worth $3,295,000 after purchasing an additional 11,751 shares in the last quarter. AE Wealth Management LLC raised its holdings in Schwab US Small-Cap ETF by 19.0% in the second quarter. AE Wealth Management LLC now owns 12,269 shares of the company’s stock valued at $582,000 after acquiring an additional 1,960 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in Schwab US Small-Cap ETF by 367.2% during the second quarter. EverSource Wealth Advisors LLC now owns 1,112 shares of the company’s stock valued at $57,000 after purchasing an additional 874 shares during the last quarter. Evergreen Capital Management LLC increased its stake in Schwab US Small-Cap ETF by 1.0% during the second quarter. Evergreen Capital Management LLC now owns 93,867 shares of the company’s stock valued at $4,469,000 after purchasing an additional 884 shares during the last quarter. Finally, Mill Creek Capital Advisors LLC increased its stake in Schwab US Small-Cap ETF by 69.0% during the second quarter. Mill Creek Capital Advisors LLC now owns 10,961 shares of the company’s stock valued at $520,000 after purchasing an additional 4,475 shares during the last quarter.

Schwab US Small-Cap ETF Stock Performance

Schwab US Small-Cap ETF stock opened at $27.04 on Wednesday. The company has a 50-day simple moving average of $26.84 and a 200-day simple moving average of $25.82. The firm has a market capitalization of $9.43 billion, a P/E ratio of 14.51 and a beta of 1.19. Schwab US Small-Cap ETF has a one year low of $22.41 and a one year high of $28.57.

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.