Independent Advisor Alliance Boosts Position in Schwab US Small-Cap ETF (NYSEARCA:SCHA)

Independent Advisor Alliance increased its position in Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 8.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,670 shares of the company’s stock after purchasing an additional 772 shares during the period. Independent Advisor Alliance’s holdings in Schwab US Small-Cap ETF were worth $405,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in SCHA. Keybank National Association OH bought a new position in shares of Schwab US Small-Cap ETF during the first quarter valued at $226,000. Tempus Wealth Planning LLC purchased a new position in shares of Schwab US Small-Cap ETF in the 4th quarter worth approximately $464,000. Baldwin Investment Management LLC boosted its holdings in shares of Schwab US Small-Cap ETF by 9.5% in the 4th quarter. Baldwin Investment Management LLC now owns 5,907 shares of the company’s stock worth $239,000 after purchasing an additional 514 shares during the period. WBH Advisory Inc. purchased a new position in Schwab US Small-Cap ETF during the 1st quarter valued at $3,518,000. Finally, Athena Investment Management lifted its holdings in shares of Schwab US Small-Cap ETF by 0.8% in the 1st quarter. Athena Investment Management now owns 156,503 shares of the company’s stock worth $6,562,000 after buying an additional 1,241 shares during the period.

Schwab US Small-Cap ETF Trading Down 2.1 %

Shares of SCHA stock opened at $43.76 on Wednesday. The stock has a market capitalization of $15.13 billion, a price-to-earnings ratio of 11.63 and a beta of 1.17. Schwab US Small-Cap ETF has a twelve month low of $37.25 and a twelve month high of $46.60. The stock has a fifty day simple moving average of $44.43 and a two-hundred day simple moving average of $42.72.

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.