Connecticut Wealth Management LLC Buys New Position in Schwab US Small-Cap ETF (NYSEARCA:SCHA)

Connecticut Wealth Management LLC purchased a new position in shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA) during the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 4,616 shares of the company’s stock, valued at approximately $218,000.

Other hedge funds also recently modified their holdings of the company. Commonwealth Equity Services LLC lifted its position in Schwab US Small-Cap ETF by 4.9% during the third quarter. Commonwealth Equity Services LLC now owns 236,889 shares of the company’s stock worth $9,812,000 after buying an additional 11,157 shares during the period. Raymond James & Associates boosted its position in shares of Schwab US Small-Cap ETF by 2.1% in the third quarter. Raymond James & Associates now owns 95,758 shares of the company’s stock worth $3,966,000 after acquiring an additional 1,987 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its position in shares of Schwab US Small-Cap ETF by 2.2% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 257,302 shares of the company’s stock worth $10,657,000 after acquiring an additional 5,498 shares during the last quarter. Stratos Wealth Partners LTD. grew its holdings in Schwab US Small-Cap ETF by 19.0% in the third quarter. Stratos Wealth Partners LTD. now owns 17,086 shares of the company’s stock valued at $708,000 after purchasing an additional 2,733 shares during the period. Finally, Bank of New York Mellon Corp raised its stake in Schwab US Small-Cap ETF by 21.1% during the third quarter. Bank of New York Mellon Corp now owns 42,754 shares of the company’s stock worth $1,771,000 after purchasing an additional 7,459 shares during the period.

Schwab US Small-Cap ETF Trading Up 1.2 %

Shares of SCHA traded up $0.58 during mid-day trading on Monday, reaching $47.94. The company had a trading volume of 747,874 shares, compared to its average volume of 1,208,894. Schwab US Small-Cap ETF has a fifty-two week low of $38.05 and a fifty-two week high of $49.54. The firm has a fifty day simple moving average of $47.43 and a 200-day simple moving average of $45.32. The stock has a market cap of $16.68 billion, a price-to-earnings ratio of 13.86 and a beta of 1.21.

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.