Meridian Management Co. Decreases Stock Holdings in Schwab US Small-Cap ETF $SCHA

Meridian Management Co. lowered its stake in shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 44.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 240,450 shares of the company’s stock after selling 193,725 shares during the quarter. Schwab US Small-Cap ETF comprises 1.7% of Meridian Management Co.’s holdings, making the stock its 15th largest holding. Meridian Management Co.’s holdings in Schwab US Small-Cap ETF were worth $6,192,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. SYM FINANCIAL Corp bought a new stake in shares of Schwab US Small-Cap ETF in the 2nd quarter valued at about $28,000. Columbia River Financial Group LLC bought a new position in shares of Schwab US Small-Cap ETF during the 1st quarter worth approximately $29,000. Hoey Investments Inc. purchased a new stake in Schwab US Small-Cap ETF during the second quarter valued at approximately $29,000. Hantz Financial Services Inc. lifted its position in Schwab US Small-Cap ETF by 111.7% during the second quarter. Hantz Financial Services Inc. now owns 1,137 shares of the company’s stock valued at $29,000 after acquiring an additional 600 shares during the last quarter. Finally, Rossby Financial LCC acquired a new stake in Schwab US Small-Cap ETF in the first quarter valued at approximately $30,000.

Schwab US Small-Cap ETF Trading Up 0.6%

NYSEARCA SCHA opened at $28.07 on Friday. The firm’s fifty day simple moving average is $27.86 and its two-hundred day simple moving average is $25.92. The firm has a market capitalization of $19.33 billion, a P/E ratio of 17.65 and a beta of 1.13. Schwab US Small-Cap ETF has a 12-month low of $20.04 and a 12-month high of $28.82.

Schwab US Small-Cap ETF Company 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.