Sequoia Financial Advisors LLC Reduces Position in Schwab US Small-Cap ETF (NYSEARCA:SCHA)

Sequoia Financial Advisors LLC trimmed its holdings in shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 9.7% during the second quarter, Holdings Channel reports. The fund owned 198,718 shares of the company’s stock after selling 21,310 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Schwab US Small-Cap ETF were worth $9,429,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Hamilton Point Investment Advisors LLC acquired a new position in Schwab US Small-Cap ETF in the fourth quarter worth about $25,000. Tennessee Valley Asset Management Partners acquired a new position in Schwab US Small-Cap ETF in the fourth quarter valued at approximately $28,000. Atlantic Edge Private Wealth Management LLC acquired a new position in Schwab US Small-Cap ETF in the fourth quarter valued at approximately $29,000. Gradient Investments LLC boosted its stake in Schwab US Small-Cap ETF by 215.9% in the first quarter. Gradient Investments LLC now owns 635 shares of the company’s stock valued at $31,000 after acquiring an additional 434 shares during the period. Finally, First Financial Corp IN acquired a new position in Schwab US Small-Cap ETF in the second quarter valued at approximately $35,000.

Schwab US Small-Cap ETF Stock Up 0.8 %

SCHA stock traded up $0.36 during midday trading on Tuesday, reaching $48.00. The company had a trading volume of 313,826 shares, compared to its average volume of 1,052,009. The stock has a 50 day moving average price of $48.33 and a 200 day moving average price of $47.71. Schwab US Small-Cap ETF has a fifty-two week low of $38.05 and a fifty-two week high of $52.39. The firm has a market capitalization of $16.73 billion, a PE ratio of 14.51 and a beta of 1.19.

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.