Exchange Capital Management Inc. Sells 15,475 Shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA)

Exchange Capital Management Inc. reduced its position in Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 16.4% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 78,643 shares of the company’s stock after selling 15,475 shares during the period. Exchange Capital Management Inc.’s holdings in Schwab US Small-Cap ETF were worth $3,872,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Mutual Advisors LLC boosted its stake in Schwab US Small-Cap ETF by 1.5% during the fourth quarter. Mutual Advisors LLC now owns 15,394 shares of the company’s stock valued at $727,000 after buying an additional 221 shares during the period. Geneos Wealth Management Inc. increased its holdings in Schwab US Small-Cap ETF by 4.9% during the 4th quarter. Geneos Wealth Management Inc. now owns 4,719 shares of the company’s stock valued at $223,000 after purchasing an additional 222 shares during the period. Alpha Omega Wealth Management LLC increased its holdings in Schwab US Small-Cap ETF by 0.5% during the 1st quarter. Alpha Omega Wealth Management LLC now owns 51,639 shares of the company’s stock valued at $2,543,000 after purchasing an additional 243 shares during the period. Red Tortoise LLC increased its holdings in Schwab US Small-Cap ETF by 1.2% during the 4th quarter. Red Tortoise LLC now owns 21,117 shares of the company’s stock valued at $998,000 after purchasing an additional 256 shares during the period. Finally, PNC Financial Services Group Inc. increased its holdings in Schwab US Small-Cap ETF by 1.7% during the 4th quarter. PNC Financial Services Group Inc. now owns 17,076 shares of the company’s stock valued at $807,000 after purchasing an additional 278 shares during the period.

Schwab US Small-Cap ETF Trading Up 0.1 %

Shares of SCHA stock traded up $0.07 during midday trading on Tuesday, reaching $47.13. 387,600 shares of the stock were exchanged, compared to its average volume of 1,057,995. The firm has a market cap of $16.43 billion, a PE ratio of 14.51 and a beta of 1.19. The company’s 50 day moving average is $47.53 and its two-hundred day moving average is $47.14. Schwab US Small-Cap ETF has a 1 year low of $38.05 and a 1 year high of $49.54.

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.