Northwestern Mutual Wealth Management Co. Trims Stake in Schwab International Small-Cap Equity ETF $SCHC

Northwestern Mutual Wealth Management Co. reduced its position in shares of Schwab International Small-Cap Equity ETF (NYSEARCA:SCHC) by 83.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,666 shares of the company’s stock after selling 196,911 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Schwab International Small-Cap Equity ETF were worth $1,715,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the company. Nations Financial Group Inc. IA ADV grew its position in Schwab International Small-Cap Equity ETF by 92.0% in the fourth quarter. Nations Financial Group Inc. IA ADV now owns 26,317 shares of the company’s stock worth $1,198,000 after acquiring an additional 12,610 shares in the last quarter. Diversify Wealth Management LLC purchased a new position in Schwab International Small-Cap Equity ETF in the third quarter worth $773,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its position in Schwab International Small-Cap Equity ETF by 4.2% in the third quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 728,102 shares of the company’s stock worth $33,136,000 after acquiring an additional 29,248 shares in the last quarter. Envestnet Asset Management Inc. grew its position in Schwab International Small-Cap Equity ETF by 2.7% in the third quarter. Envestnet Asset Management Inc. now owns 715,828 shares of the company’s stock worth $32,577,000 after acquiring an additional 18,611 shares in the last quarter. Finally, Brooklyn FI LLC grew its position in Schwab International Small-Cap Equity ETF by 8.7% in the fourth quarter. Brooklyn FI LLC now owns 218,238 shares of the company’s stock worth $9,936,000 after acquiring an additional 17,506 shares in the last quarter.

Schwab International Small-Cap Equity ETF Stock Performance

Shares of NYSEARCA:SCHC opened at $50.74 on Thursday. Schwab International Small-Cap Equity ETF has a 52-week low of $39.98 and a 52-week high of $51.78. The firm has a fifty day moving average of $48.97 and a 200 day moving average of $47.88. The firm has a market capitalization of $5.63 billion, a PE ratio of 16.25 and a beta of 0.91.

Schwab International Small-Cap Equity ETF Company Profile

Schwab International Small-Cap Equity ETF (the Fund) seeks to track the total return of the FTSE Developed Small Cap ex-US Liquid Index (the Index). The Fund’s index consists of small capitalization companies in developed countries outside the United States. The Index defines the small capitalization universe as approximately the bottom 10% of the eligible universe with a minimum free float capitalization of $150 million. The types of derivatives used by the Fund are options, futures, options on futures and swaps.