Schwab US Small-Cap ETF $SCHA Shares Sold by Cornerstone Wealth Group LLC

Cornerstone Wealth Group LLC cut its holdings in shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 13.3% in the first quarter, HoldingsChannel reports. The firm owned 105,955 shares of the company’s stock after selling 16,190 shares during the period. Cornerstone Wealth Group LLC’s holdings in Schwab US Small-Cap ETF were worth $3,403,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Morton Brown Family Wealth LLC acquired a new stake in Schwab US Small-Cap ETF during the 4th quarter worth about $30,000. Tompkins Financial Corp grew its holdings in Schwab US Small-Cap ETF by 1,982.7% during the fourth quarter. Tompkins Financial Corp now owns 1,083 shares of the company’s stock worth $31,000 after acquiring an additional 1,031 shares during the period. International Assets Investment Management LLC acquired a new stake in Schwab US Small-Cap ETF during the fourth quarter worth about $31,000. Stephens Consulting LLC raised its position in Schwab US Small-Cap ETF by 3,108.3% during the fourth quarter. Stephens Consulting LLC now owns 1,155 shares of the company’s stock valued at $33,000 after acquiring an additional 1,119 shares in the last quarter. Finally, Hilton Head Capital Partners LLC acquired a new position in Schwab US Small-Cap ETF in the fourth quarter valued at approximately $34,000.

Schwab US Small-Cap ETF Price Performance

SCHA opened at $35.49 on Friday. The firm has a fifty day moving average price of $33.52 and a 200 day moving average price of $31.11. Schwab US Small-Cap ETF has a 1 year low of $24.95 and a 1 year high of $35.80. The stock has a market cap of $24.43 billion, a P/E ratio of 17.65 and a beta of 1.10.

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.