Monetary Solutions Ltd Makes New $6.91 Million Investment in Schwab US Small-Cap ETF $SCHA

Monetary Solutions Ltd bought a new position in shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 242,588 shares of the company’s stock, valued at approximately $6,909,000. Schwab US Small-Cap ETF makes up 6.8% of Monetary Solutions Ltd’s holdings, making the stock its 5th biggest position.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Morton Brown Family Wealth LLC acquired a new stake in shares of Schwab US Small-Cap ETF in the fourth quarter valued at $30,000. Tompkins Financial Corp boosted its holdings in Schwab US Small-Cap ETF by 1,982.7% in the fourth quarter. Tompkins Financial Corp now owns 1,083 shares of the company’s stock valued at $31,000 after purchasing an additional 1,031 shares during the period. International Assets Investment Management LLC acquired a new position in Schwab US Small-Cap ETF during the 4th quarter worth $31,000. Stephens Consulting LLC grew its stake in Schwab US Small-Cap ETF by 3,108.3% during the 4th quarter. Stephens Consulting LLC now owns 1,155 shares of the company’s stock worth $33,000 after purchasing an additional 1,119 shares in the last quarter. Finally, Hilton Head Capital Partners LLC purchased a new stake in Schwab US Small-Cap ETF during the 4th quarter worth about $34,000.

Schwab US Small-Cap ETF Price Performance

SCHA stock opened at $35.19 on Friday. The firm has a market capitalization of $24.23 billion, a P/E ratio of 17.65 and a beta of 1.10. The business’s 50-day moving average is $33.01 and its two-hundred day moving average is $30.85. Schwab US Small-Cap ETF has a 1 year low of $24.33 and a 1 year high of $35.53.

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. 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.