Schwab US Small-Cap ETF (NYSEARCA:SCHA) Shares Bought by LPL Financial LLC

LPL Financial LLC grew its holdings in Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 113.4% during the fourth quarter, HoldingsChannel.com reports. The fund owned 2,405,263 shares of the company’s stock after purchasing an additional 1,278,131 shares during the quarter. LPL Financial LLC’s holdings in Schwab US Small-Cap ETF were worth $62,200,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in SCHA. Optimum Investment Advisors raised its holdings in shares of Schwab US Small-Cap ETF by 99.6% during the 4th quarter. Optimum Investment Advisors now owns 7,449 shares of the company’s stock valued at $193,000 after buying an additional 3,717 shares during the period. Fortis Capital Management LLC grew its position in Schwab US Small-Cap ETF by 145.9% in the fourth quarter. Fortis Capital Management LLC now owns 236,683 shares of the company’s stock valued at $6,121,000 after acquiring an additional 140,444 shares in the last quarter. Somerset Group LLC raised its stake in shares of Schwab US Small-Cap ETF by 93.1% during the fourth quarter. Somerset Group LLC now owns 12,624 shares of the company’s stock valued at $326,000 after purchasing an additional 6,085 shares during the period. Sfmg LLC lifted its position in shares of Schwab US Small-Cap ETF by 101.2% during the fourth quarter. Sfmg LLC now owns 13,154 shares of the company’s stock worth $340,000 after purchasing an additional 6,617 shares in the last quarter. Finally, Intellus Advisors LLC purchased a new position in shares of Schwab US Small-Cap ETF in the fourth quarter valued at $1,190,000.

Schwab US Small-Cap ETF Trading Down 1.1 %

SCHA opened at $24.13 on Thursday. Schwab US Small-Cap ETF has a twelve month low of $22.53 and a twelve month high of $28.57. The firm has a market cap of $16.93 billion, a price-to-earnings ratio of 16.27 and a beta of 1.21. The company has a fifty day simple moving average of $25.56 and a 200 day simple moving average of $26.05.

Schwab US Small-Cap ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th will be given a dividend of $0.0553 per share. The ex-dividend date is 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.