Schwab US Small-Cap ETF $SCHA Shares Sold by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC lessened its stake in shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 7.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 276,893 shares of the company’s stock after selling 20,852 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Schwab US Small-Cap ETF were worth $10,004,000 at the end of the most recent reporting period.

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

Shares of SCHA opened at $33.65 on Friday. The company has a 50-day moving average of $34.46 and a two-hundred day moving average of $32.90. The stock has a market cap of $23.17 billion, a price-to-earnings ratio of 17.65 and a beta of 1.10. Schwab US Small-Cap ETF has a one year low of $26.45 and a one year high of $36.20.

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. 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.