Robertson Stephens Wealth Management 13F: Exits SCHA Stake

Robertson Stephens Wealth Management has completely exited its position in Schwab U.S. Small-Cap ETF (SCHA) as disclosed in a filing on October 16, 2026. The firm sold all 75,514 shares, reflecting a 100% decrease in its stake.

What Changed in Robertson Stephens Wealth Management's Position

The firm sold out of its entire position in Schwab U.S. Small-Cap ETF, reducing its holdings from 75,514 shares to 0 shares. This move indicates that Robertson Stephens has decided to pull back from this investment entirely, which may reflect changing investment strategies or market conditions.

Other Institutional Activity in Schwab U.S. Small-Cap ETF

There were no reported changes in holdings from other institutional investors in Schwab U.S. Small-Cap ETF during this reporting period.

Schwab U.S. Small-Cap ETF Stock Holds Steady

The ETF was recently trading around $31.99, which is below both its 50-day moving average of $33.82 and its 200-day moving average of $32.42. It is also currently about 11.6% below its 52-week high of $36.20. However, the stock remains above its 52-week low of $26.46, trading roughly 20.9% higher than that level.

Recent Earnings

Schwab U.S. Small-Cap ETF reported a trailing P/E ratio of 16.3. It aims to track the performance of small-cap stocks in the Dow Jones U.S. Total Stock Market Index.

Dividend

The ETF offers a dividend yield of 1.13%, reflecting its commitment to return profits to shareholders through dividends. No specific dividend rate was mentioned, and details on the ex-dividend date are also absent.

Analysts Set New Price Targets

There were no recent analyst ratings or price targets for Schwab U.S. Small-Cap ETF during this reporting period.

About Schwab U.S. Small-Cap ETF

The Schwab U.S. Small-Cap ETF is designed to track the performance of small-cap stocks in the U.S. market, specifically those ranked 751 to 2500 by market capitalization. This ETF invests at least 90% of its net assets in these stocks, aiming to provide investors with exposure to the small-cap market segment.

Bottom Line

Robertson Stephens Wealth Management's complete exit from its position in Schwab U.S. Small-Cap ETF highlights a significant shift in its investment approach. Investors should keep an eye on any future filings that may reflect changing strategies or new investment opportunities. Additionally, the ETF's performance against its moving averages and recent trading levels suggests a challenging environment for small-cap stocks. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.