Independent Advisor Alliance Lowers Stock Holdings in Schwab US Small-Cap ETF (NYSEARCA:SCHA)

Independent Advisor Alliance lowered its stake in shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 17.7% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 5,269 shares of the company’s stock after selling 1,136 shares during the period. Independent Advisor Alliance’s holdings in Schwab US Small-Cap ETF were worth $249,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Athena Investment Management boosted its stake in shares of Schwab US Small-Cap ETF by 0.5% during the 3rd quarter. Athena Investment Management now owns 158,658 shares of the company’s stock worth $6,572,000 after acquiring an additional 744 shares in the last quarter. Buckingham Capital Management Inc. increased its holdings in shares of Schwab US Small-Cap ETF by 2.6% during the 4th quarter. Buckingham Capital Management Inc. now owns 244,508 shares of the company’s stock worth $11,551,000 after buying an additional 6,304 shares during the last quarter. Atria Investments Inc acquired a new stake in shares of Schwab US Small-Cap ETF during the 3rd quarter worth $2,146,000. One Capital Management LLC increased its holdings in shares of Schwab US Small-Cap ETF by 4.6% during the 4th quarter. One Capital Management LLC now owns 13,774 shares of the company’s stock worth $651,000 after buying an additional 610 shares during the last quarter. Finally, Sunbelt Securities Inc. increased its holdings in shares of Schwab US Small-Cap ETF by 11.8% during the 3rd quarter. Sunbelt Securities Inc. now owns 121,368 shares of the company’s stock worth $5,027,000 after buying an additional 12,792 shares during the last quarter.

Schwab US Small-Cap ETF Stock Down 0.6 %

SCHA stock opened at $48.41 on Thursday. The business has a fifty day simple moving average of $47.57 and a 200-day simple moving average of $46.13. Schwab US Small-Cap ETF has a 52 week low of $38.05 and a 52 week high of $49.54. The company has a market cap of $16.88 billion, a price-to-earnings ratio of 14.51 and a beta of 1.19.

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.