Financial Advocates Investment Management Sells 4,643 Shares of Schwab US Small-Cap ETF (SCHA)

Financial Advocates Investment Management lowered its holdings in shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 18.5% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 20,394 shares of the company’s stock after selling 4,643 shares during the quarter. Financial Advocates Investment Management’s holdings in Schwab US Small-Cap ETF were worth $986,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Sontag Advisory LLC bought a new position in Schwab US Small-Cap ETF in the 4th quarter worth approximately $29,000. Whittier Trust Co. bought a new position in Schwab US Small-Cap ETF in the 4th quarter worth approximately $30,000. Karp Capital Management Corp bought a new position in Schwab US Small-Cap ETF in the 4th quarter worth approximately $41,000. Berman Capital Advisors LLC bought a new position in Schwab US Small-Cap ETF in the 4th quarter worth approximately $54,000. Finally, TCI Wealth Advisors Inc. boosted its stake in Schwab US Small-Cap ETF by 88.7% in the 4th quarter. TCI Wealth Advisors Inc. now owns 1,519 shares of the company’s stock worth $92,000 after purchasing an additional 714 shares during the period.

SCHA stock traded down $0.12 during midday trading on Friday, hitting $71.34. The company’s stock had a trading volume of 366,954 shares, compared to its average volume of 540,806. Schwab US Small-Cap ETF has a 12 month low of $57.04 and a 12 month high of $78.34.

The company also recently announced a quarterly dividend, which was paid on Monday, March 25th. Stockholders of record on Thursday, March 21st were given a dividend of $0.1713 per share. This is an increase from Schwab US Small-Cap ETF’s previous quarterly dividend of $0.02. This represents a $0.69 dividend on an annualized basis and a dividend yield of 0.96%. The ex-dividend date was Wednesday, March 20th.

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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.

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Institutional Ownership by Quarter for Schwab US Small-Cap ETF (NYSEARCA:SCHA)

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