Schwab US Small-Cap ETF $SCHA Shares Sold by Beacon Pointe Advisors LLC

Beacon Pointe Advisors LLC cut its holdings in shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 4.3% during the 2nd quarter, Holdings Channel.com reports. The firm owned 818,622 shares of the company’s stock after selling 37,163 shares during the quarter. Beacon Pointe Advisors LLC’s holdings in Schwab US Small-Cap ETF were worth $20,711,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Van Hulzen Asset Management LLC increased its stake in shares of Schwab US Small-Cap ETF by 4.8% in the second quarter. Van Hulzen Asset Management LLC now owns 11,489 shares of the company’s stock worth $291,000 after buying an additional 527 shares during the last quarter. Smith Moore & CO. acquired a new position in Schwab US Small-Cap ETF during the 2nd quarter worth $217,000. Lido Advisors LLC increased its position in shares of Schwab US Small-Cap ETF by 75.6% in the 2nd quarter. Lido Advisors LLC now owns 261,078 shares of the company’s stock worth $6,605,000 after purchasing an additional 112,404 shares during the last quarter. Meridian Wealth Partners LLC raised its stake in shares of Schwab US Small-Cap ETF by 3.6% in the 2nd quarter. Meridian Wealth Partners LLC now owns 17,160 shares of the company’s stock valued at $434,000 after purchasing an additional 598 shares in the last quarter. Finally, Rinkey Investments lifted its position in shares of Schwab US Small-Cap ETF by 70.8% during the second quarter. Rinkey Investments now owns 147,477 shares of the company’s stock worth $3,731,000 after purchasing an additional 61,154 shares during the last quarter.

Schwab US Small-Cap ETF Stock Performance

NYSEARCA:SCHA opened at $28.40 on Tuesday. The company has a market capitalization of $19.55 billion, a price-to-earnings ratio of 17.65 and a beta of 1.13. Schwab US Small-Cap ETF has a one year low of $20.04 and a one year high of $28.82. The stock has a 50-day simple moving average of $27.92 and a 200 day simple moving average of $26.63.

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.