Schwab US Small-Cap ETF $SCHA Position Cut by Meridian Wealth Management LLC

Meridian Wealth Management LLC decreased its position in shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 10.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 248,163 shares of the company’s stock after selling 29,628 shares during the quarter. Meridian Wealth Management LLC’s holdings in Schwab US Small-Cap ETF were worth $6,279,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the company. Empower Advisory Group LLC boosted its stake in Schwab US Small-Cap ETF by 26.7% during the 2nd quarter. Empower Advisory Group LLC now owns 33,442,998 shares of the company’s stock valued at $846,108,000 after purchasing an additional 7,049,998 shares during the period. Natixis Advisors LLC raised its holdings in shares of Schwab US Small-Cap ETF by 1,165.9% during the first quarter. Natixis Advisors LLC now owns 2,428,826 shares of the company’s stock valued at $56,907,000 after buying an additional 2,236,963 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of Schwab US Small-Cap ETF by 67.2% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 4,652,197 shares of the company’s stock worth $121,329,000 after buying an additional 1,869,642 shares during the period. Jones Financial Companies Lllp boosted its position in shares of Schwab US Small-Cap ETF by 219.3% during the first quarter. Jones Financial Companies Lllp now owns 2,549,130 shares of the company’s stock worth $59,726,000 after buying an additional 1,750,900 shares during the period. Finally, RMG Wealth Management LLC bought a new position in Schwab US Small-Cap ETF in the 2nd quarter worth approximately $36,040,000.

Schwab US Small-Cap ETF Price Performance

SCHA opened at $27.43 on Friday. The stock’s 50 day moving average price is $27.95 and its 200 day moving average price is $26.28. The stock has a market cap of $18.89 billion, a P/E ratio of 17.65 and a beta of 1.13. Schwab US Small-Cap ETF has a 12 month low of $20.04 and a 12 month high of $28.82.

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.