Downshift Financial LLC Sells 30,885 Shares of Schwab US Small-Cap ETF $SCHA

Downshift Financial LLC reduced its stake in Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 21.3% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 114,329 shares of the company’s stock after selling 30,885 shares during the period. Schwab US Small-Cap ETF makes up 1.8% of Downshift Financial LLC’s portfolio, making the stock its 15th largest holding. Downshift Financial LLC’s holdings in Schwab US Small-Cap ETF were worth $3,649,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in SCHA. Investment Research Partners LLC raised its holdings in shares of Schwab US Small-Cap ETF by 2.7% during the 4th quarter. Investment Research Partners LLC now owns 12,697 shares of the company’s stock worth $362,000 after acquiring an additional 330 shares in the last quarter. Rossby Financial LCC grew its position in Schwab US Small-Cap ETF by 27.3% in the 4th quarter. Rossby Financial LCC now owns 1,586 shares of the company’s stock valued at $45,000 after acquiring an additional 340 shares during the last quarter. Zhang Financial LLC boosted its stake in shares of Schwab US Small-Cap ETF by 1.6% during the fourth quarter. Zhang Financial LLC now owns 22,176 shares of the company’s stock valued at $632,000 after purchasing an additional 359 shares during the period. Geometric Wealth Advisors increased its stake in Schwab US Small-Cap ETF by 2.2% in the 4th quarter. Geometric Wealth Advisors now owns 16,847 shares of the company’s stock worth $480,000 after buying an additional 365 shares during the period. Finally, CWA Asset Management Group LLC boosted its position in Schwab US Small-Cap ETF by 1.3% in the 4th quarter. CWA Asset Management Group LLC now owns 30,700 shares of the company’s stock valued at $874,000 after buying an additional 381 shares during the period.

Schwab US Small-Cap ETF Price Performance

Shares of SCHA stock opened at $35.40 on Tuesday. The company has a market capitalization of $24.37 billion, a P/E ratio of 17.65 and a beta of 1.09. The company’s 50-day simple moving average is $33.91 and its two-hundred day simple moving average is $31.40. Schwab US Small-Cap ETF has a one year low of $24.95 and a one year high of $36.20.

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.