Blue Trust Inc. Boosts Stake in Schwab US Small-Cap ETF by 118.9%
Blue Trust Inc. has significantly increased its investment in the Schwab US Small-Cap ETF, raising its holdings by an impressive 118.9% during the second quarter of this year. According to the latest 13F filing with the Securities and Exchange Commission (SEC), the fund now owns 6,029 shares of the ETF, having acquired an additional 3,275 shares in the period. The total value of Blue Trust Inc.’s holdings in the Schwab US Small-Cap ETF is approximately $153,000.
Several other institutional investors have also made adjustments to their positions in the Schwab US Small-Cap ETF recently. Notably, Hoey Investments Inc. established a new stake in the ETF during the second quarter worth about $29,000. Another firm, Crowley Wealth Management Inc., increased its holdings by 50.0% during the same period, bringing its total shares to 1,200, valued at approximately $30,000 after purchasing an additional 400 shares.
Additionally, Columbia River Financial Group LLC and GSB Wealth Management LLC both acquired new positions in the first quarter, each valued around $30,000. Rossby Financial LLC also entered the market in the first quarter with a new investment in the ETF valued at $30,000.
Current Performance of Schwab US Small-Cap ETF
The Schwab US Small-Cap ETF’s stock opened at $28.38 on Thursday, reflecting a 0.9% increase. The ETF boasts a market capitalization of $19.54 billion, with a price-to-earnings (P/E) ratio of 17.65 and a beta of 1.17. Over the past year, the ETF has experienced a low of $20.04 and a high of $28.64. Its fifty-day simple moving average stands at $27.43, while the two-hundred-day average is at $25.35.
The Schwab US Small-Cap ETF aims to mirror the total return of the Dow Jones U.S. Small-Cap Total Stock Market Index. This index encompasses companies ranked from 751 to 2,500 by full market capitalization and is weighted by float-adjusted market capitalization.
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