Sequoia Financial Advisors LLC Sells 20,852 Shares of Schwab US Small-Cap ETF $SCHA

Sequoia Financial Advisors LLC lowered its stake in shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 7.0% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 276,893 shares of the company’s stock after selling 20,852 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Schwab US Small-Cap ETF were worth $10,004,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Pine Haven Investment Counsel Inc raised its holdings in Schwab US Small-Cap ETF by 1.9% in the 2nd quarter. Pine Haven Investment Counsel Inc now owns 15,961 shares of the company’s stock worth $577,000 after acquiring an additional 300 shares during the period. Strategic Investment Solutions Inc. IL lifted its position in shares of Schwab US Small-Cap ETF by 1.0% in the 2nd quarter. Strategic Investment Solutions Inc. IL now owns 31,141 shares of the company’s stock worth $1,125,000 after acquiring an additional 318 shares during the period. Investment Research Partners LLC grew its holdings in shares of Schwab US Small-Cap ETF by 2.7% during the 4th quarter. Investment Research Partners LLC now owns 12,697 shares of the company’s stock worth $362,000 after purchasing an additional 330 shares in the last quarter. Rossby Financial LCC increased its position in shares of Schwab US Small-Cap ETF by 27.3% during the fourth quarter. Rossby Financial LCC now owns 1,586 shares of the company’s stock valued at $45,000 after purchasing an additional 340 shares during the period. Finally, Zhang Financial LLC raised its stake in shares of Schwab US Small-Cap ETF by 1.6% in the fourth quarter. Zhang Financial LLC now owns 22,176 shares of the company’s stock valued at $632,000 after purchasing an additional 359 shares in the last quarter.

Schwab US Small-Cap ETF Stock Performance

NYSEARCA:SCHA opened at $33.65 on Friday. The company has a 50-day moving average of $34.46 and a 200-day moving average of $32.90. Schwab US Small-Cap ETF has a 52 week low of $26.45 and a 52 week high of $36.20. The company has a market capitalization of $23.17 billion, a price-to-earnings ratio of 17.65 and a beta of 1.10.

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.