Waverly Advisors LLC Reduces Holdings in Schwab US Small-Cap ETF $SCHA

Waverly Advisors LLC decreased its position in shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 6.4% during the first quarter, HoldingsChannel reports. The fund owned 408,316 shares of the company’s stock after selling 28,138 shares during the quarter. Waverly Advisors LLC’s holdings in Schwab US Small-Cap ETF were worth $11,874,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Money Concepts Capital Corp lifted its stake in Schwab US Small-Cap ETF by 83.9% in the first quarter. Money Concepts Capital Corp now owns 44,612 shares of the company’s stock worth $1,297,000 after purchasing an additional 20,349 shares during the last quarter. Meriwether Wealth & Planning LLC bought a new position in shares of Schwab US Small-Cap ETF during the fourth quarter valued at approximately $5,580,000. Rede Wealth LLC bought a new position in shares of Schwab US Small-Cap ETF during the fourth quarter valued at approximately $1,237,000. Arnold Financial Planning LLC bought a new position in shares of Schwab US Small-Cap ETF during the fourth quarter valued at approximately $6,771,000. Finally, HHM Wealth Advisors LLC raised its holdings in shares of Schwab US Small-Cap ETF by 4.4% in the first quarter. HHM Wealth Advisors LLC now owns 465,370 shares of the company’s stock worth $13,533,000 after buying an additional 19,671 shares during the period.

Schwab US Small-Cap ETF Stock Performance

Shares of SCHA stock opened at $33.93 on Monday. Schwab US Small-Cap ETF has a 52-week low of $24.95 and a 52-week high of $36.20. The firm has a market capitalization of $23.36 billion, a P/E ratio of 17.65 and a beta of 1.09. The stock has a 50 day moving average price of $34.36 and a 200 day moving average price of $31.94.

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. 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.