67,150 Schwab US Small-Cap ETF $SCHA Shares Sold by Penobscot Investment Management Company Inc.

Penobscot Investment Management Company Inc. lessened its stake in Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 89.8% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,591 shares of the company’s stock after selling 67,150 shares during the quarter. Penobscot Investment Management Company Inc.’s holdings in Schwab US Small-Cap ETF were worth $248,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Park Avenue Securities LLC purchased a new position in Schwab US Small-Cap ETF during the 3rd quarter worth $2,193,000. Verdence Capital Advisors LLC bought a new stake in shares of Schwab US Small-Cap ETF in the 3rd quarter worth $203,000. Blume Capital Management Inc. purchased a new stake in shares of Schwab US Small-Cap ETF in the third quarter valued at about $73,000. Apollon Wealth Management LLC raised its holdings in shares of Schwab US Small-Cap ETF by 6.1% in the third quarter. Apollon Wealth Management LLC now owns 191,066 shares of the company’s stock valued at $6,234,000 after purchasing an additional 11,043 shares during the last quarter. Finally, Kingswood Wealth Advisors LLC raised its holdings in shares of Schwab US Small-Cap ETF by 46.6% in the third quarter. Kingswood Wealth Advisors LLC now owns 8,344 shares of the company’s stock valued at $272,000 after purchasing an additional 2,652 shares during the last quarter.

Schwab US Small-Cap ETF Price Performance

SCHA opened at $33.16 on Thursday. The company’s 50-day moving average is $33.37 and its 200 day moving average is $32.54. Schwab US Small-Cap ETF has a fifty-two week low of $26.45 and a fifty-two week high of $36.20. The firm has a market capitalization of $22.83 billion, a P/E ratio of 17.65 and a beta of 1.11.

Schwab US Small-Cap ETF Company 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. The types of derivatives used by the Fund are options, futures, options on futures and swaps. The Fund may lend its portfolio securities to brokers, dealers and other financial institutions.