Patriot Investment Management Group Inc. Sells 7,797 Shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA)

Patriot Investment Management Group Inc. cut its stake in Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 2.4% in the 1st quarter, Holdings Channel.com reports. The fund owned 319,300 shares of the company’s stock after selling 7,797 shares during the quarter. Patriot Investment Management Group Inc.’s holdings in Schwab US Small-Cap ETF were worth $7,481,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Bank of America Corp DE raised its holdings in shares of Schwab US Small-Cap ETF by 109.4% during the 4th quarter. Bank of America Corp DE now owns 46,334,067 shares of the company’s stock worth $1,198,199,000 after buying an additional 24,203,669 shares in the last quarter. Empower Advisory Group LLC increased its stake in shares of Schwab US Small-Cap ETF by 106.0% in the fourth quarter. Empower Advisory Group LLC now owns 25,335,420 shares of the company’s stock valued at $655,174,000 after buying an additional 13,037,193 shares during the period. Sei Investments Co. increased its stake in shares of Schwab US Small-Cap ETF by 87.9% in the fourth quarter. Sei Investments Co. now owns 13,755,837 shares of the company’s stock valued at $355,726,000 after buying an additional 6,434,970 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of Schwab US Small-Cap ETF by 216.3% in the fourth quarter. Envestnet Asset Management Inc. now owns 6,306,514 shares of the company’s stock valued at $163,086,000 after buying an additional 4,312,689 shares during the period. Finally, Financial Engines Advisors L.L.C. increased its stake in shares of Schwab US Small-Cap ETF by 94.2% in the fourth quarter. Financial Engines Advisors L.L.C. now owns 5,099,991 shares of the company’s stock valued at $131,886,000 after buying an additional 2,473,980 shares during the period.

Schwab US Small-Cap ETF Trading Down 0.3%

Shares of SCHA stock opened at $24.93 on Friday. The stock has a market cap of $17.11 billion, a price-to-earnings ratio of 17.26 and a beta of 1.13. The stock has a 50-day moving average of $23.37 and a 200-day moving average of $24.96. Schwab US Small-Cap ETF has a 1-year low of $20.04 and a 1-year high of $28.57.

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.