Smith Moore & CO. Takes Position in Schwab US Small-Cap ETF (NYSEARCA:SCHA)

Smith Moore & CO. bought a new position in Schwab US Small-Cap ETF (NYSEARCA:SCHA) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 9,519 shares of the company’s stock, valued at approximately $246,000.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. McClarren Financial Advisors Inc. bought a new position in shares of Schwab US Small-Cap ETF during the fourth quarter valued at $25,000. TD Capital Management LLC increased its position in shares of Schwab US Small-Cap ETF by 100.4% during the 4th quarter. TD Capital Management LLC now owns 958 shares of the company’s stock worth $25,000 after purchasing an additional 480 shares in the last quarter. Bellevue Asset Management LLC boosted its position in Schwab US Small-Cap ETF by 551.4% in the fourth quarter. Bellevue Asset Management LLC now owns 964 shares of the company’s stock valued at $25,000 after buying an additional 816 shares in the last quarter. Pacifica Partners Inc. boosted its position in Schwab US Small-Cap ETF by 100.0% in the fourth quarter. Pacifica Partners Inc. now owns 998 shares of the company’s stock valued at $26,000 after buying an additional 499 shares in the last quarter. Finally, Mainstream Capital Management LLC bought a new stake in Schwab US Small-Cap ETF during the fourth quarter worth about $27,000.

Schwab US Small-Cap ETF Trading Down 4.5 %

NYSEARCA:SCHA opened at $21.19 on Friday. The stock has a market capitalization of $14.33 billion, a P/E ratio of 16.36 and a beta of 1.21. Schwab US Small-Cap ETF has a 1 year low of $20.61 and a 1 year high of $28.57. The firm has a 50 day moving average of $25.05 and a 200-day moving average of $25.97.

Schwab US Small-Cap ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th were paid a $0.0553 dividend. The ex-dividend date was 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.