Cerity Partners LLC Buys 2,386,242 Shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA)

Cerity Partners LLC raised its stake in Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 105.6% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 4,646,799 shares of the company’s stock after purchasing an additional 2,386,242 shares during the quarter. Cerity Partners LLC’s holdings in Schwab US Small-Cap ETF were worth $120,190,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in SCHA. FMR LLC lifted its stake in Schwab US Small-Cap ETF by 19.0% during the third quarter. FMR LLC now owns 108,598 shares of the company’s stock worth $5,593,000 after purchasing an additional 17,302 shares during the last quarter. Benjamin Edwards Inc. bought a new stake in Schwab US Small-Cap ETF in the 3rd quarter worth approximately $548,000. Stifel Financial Corp boosted its stake in shares of Schwab US Small-Cap ETF by 1.6% in the 3rd quarter. Stifel Financial Corp now owns 134,071 shares of the company’s stock valued at $6,905,000 after purchasing an additional 2,096 shares in the last quarter. Kovitz Investment Group Partners LLC boosted its position in Schwab US Small-Cap ETF by 52.2% during the third quarter. Kovitz Investment Group Partners LLC now owns 11,106 shares of the company’s stock valued at $572,000 after buying an additional 3,809 shares during the period. Finally, Jane Street Group LLC lifted its stake in shares of Schwab US Small-Cap ETF by 366.4% in the 3rd quarter. Jane Street Group LLC now owns 27,481 shares of the company’s stock valued at $1,415,000 after acquiring an additional 21,589 shares during the last quarter.

Schwab US Small-Cap ETF Price Performance

SCHA opened at $21.19 on Monday. The stock’s 50 day simple moving average is $25.05 and its 200 day simple moving average is $25.97. The firm has a market cap of $14.33 billion, a price-to-earnings ratio of 16.36 and a beta of 1.21. Schwab US Small-Cap ETF has a 1 year low of $19.95 and a 1 year high of $28.57.

Schwab US Small-Cap ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were issued a dividend of $0.0553 per share. The ex-dividend date was Wednesday, March 26th.

Schwab US Small-Cap ETF 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.