Schwab US Small-Cap ETF $SCHA Shares Sold by Royal Bank of Canada

Royal Bank of Canada trimmed its stake in Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 20.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 287,780 shares of the company’s stock after selling 74,943 shares during the period. Royal Bank of Canada’s holdings in Schwab US Small-Cap ETF were worth $8,369,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SCHA. Eley Financial Management Inc lifted its position in Schwab US Small-Cap ETF by 8.8% in the first quarter. Eley Financial Management Inc now owns 38,375 shares of the company’s stock valued at $1,116,000 after acquiring an additional 3,107 shares during the last quarter. Quantinno Capital Management LP grew its holdings in shares of Schwab US Small-Cap ETF by 9.3% during the first quarter. Quantinno Capital Management LP now owns 159,774 shares of the company’s stock worth $4,646,000 after purchasing an additional 13,627 shares during the last quarter. Northeast Financial Group Inc. grew its holdings in shares of Schwab US Small-Cap ETF by 3.9% during the first quarter. Northeast Financial Group Inc. now owns 94,042 shares of the company’s stock worth $2,737,000 after purchasing an additional 3,522 shares during the last quarter. Quadcap Wealth Management LLC increased its position in shares of Schwab US Small-Cap ETF by 4.5% during the first quarter. Quadcap Wealth Management LLC now owns 16,356 shares of the company’s stock worth $476,000 after purchasing an additional 700 shares in the last quarter. Finally, Everest Financial Group LLC acquired a new stake in shares of Schwab US Small-Cap ETF during the first quarter worth about $282,000.

Schwab US Small-Cap ETF Stock Performance

Schwab US Small-Cap ETF stock opened at $34.63 on Tuesday. Schwab US Small-Cap ETF has a fifty-two week low of $25.67 and a fifty-two week high of $36.20. The company has a market capitalization of $23.84 billion, a P/E ratio of 17.65 and a beta of 1.10. The stock has a 50-day simple moving average of $34.52 and a 200-day simple moving average of $32.25.

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. 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.