Ocean Park Asset Management LLC Purchases Shares of 19,872 Schwab US Small-Cap ETF $SCHA

Ocean Park Asset Management LLC purchased a new stake in shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA) during the second quarter, HoldingsChannel.com reports. The institutional investor purchased 19,872 shares of the company’s stock, valued at approximately $718,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Bank of America Corp DE grew its holdings in Schwab US Small-Cap ETF by 5.3% in the 2nd quarter. Bank of America Corp DE now owns 19,019,095 shares of the company’s stock worth $481,183,000 after buying an additional 962,262 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in Schwab US Small-Cap ETF by 5.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 5,502,072 shares of the company’s stock valued at $156,699,000 after acquiring an additional 260,545 shares in the last quarter. UBS Group AG boosted its position in Schwab US Small-Cap ETF by 7.1% during the 3rd quarter. UBS Group AG now owns 4,096,983 shares of the company’s stock worth $114,306,000 after acquiring an additional 271,629 shares during the period. Valpey Financial Services LLC boosted its position in Schwab US Small-Cap ETF by 2,689.1% during the 4th quarter. Valpey Financial Services LLC now owns 3,638,749 shares of the company’s stock worth $103,632,000 after acquiring an additional 3,508,286 shares during the period. Finally, Corient Private Wealth LLC grew its stake in shares of Schwab US Small-Cap ETF by 164.9% in the fourth quarter. Corient Private Wealth LLC now owns 3,613,460 shares of the company’s stock worth $102,911,000 after purchasing an additional 2,249,591 shares in the last quarter.

Schwab US Small-Cap ETF Stock Up 0.3%

Shares of NYSEARCA SCHA opened at $34.75 on Wednesday. Schwab US Small-Cap ETF has a fifty-two week low of $25.85 and a fifty-two week high of $36.20. The firm’s 50-day simple moving average is $34.53 and its 200 day simple moving average is $32.27. The stock has a market cap of $23.93 billion, a P/E ratio of 17.65 and a beta of 1.10.

Schwab US Small-Cap ETF Profile

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.