Seven Mile Advisory Acquires 7,000 Shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA)

Seven Mile Advisory grew its stake in Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 100.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,000 shares of the company’s stock after acquiring an additional 7,000 shares during the period. Seven Mile Advisory’s holdings in Schwab US Small-Cap ETF were worth $362,000 at the end of the most recent quarter.

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

Schwab US Small-Cap ETF Stock Down 2.1 %

SCHA opened at $23.48 on Monday. Schwab US Small-Cap ETF has a 12-month low of $22.53 and a 12-month high of $28.57. The business has a 50 day moving average of $25.45 and a 200-day moving average of $26.06. The stock has a market cap of $15.88 billion, a price-to-earnings ratio of 16.36 and a beta of 1.21.

Schwab US Small-Cap ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th will be issued a dividend of $0.0553 per share. The ex-dividend date of this dividend is 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.