Laurel Wealth Advisors Inc. Purchases 5,553 Shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA)

Laurel Wealth Advisors Inc. increased its stake in shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 36.6% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 20,713 shares of the company’s stock after acquiring an additional 5,553 shares during the period. Laurel Wealth Advisors Inc.’s holdings in Schwab US Small-Cap ETF were worth $1,481,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SCHA. Charles Schwab Investment Advisory Inc. lifted its stake in Schwab US Small-Cap ETF by 7.3% during the second quarter. Charles Schwab Investment Advisory Inc. now owns 20,518,131 shares of the company’s stock worth $1,466,636,000 after purchasing an additional 1,397,088 shares during the last quarter. First Mercantile Trust Co. bought a new position in Schwab US Small-Cap ETF during the second quarter valued at approximately $41,493,000. Wealth Enhancement Advisory Services LLC raised its position in Schwab US Small-Cap ETF by 16.2% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 977,591 shares of the company’s stock worth $70,885,000 after acquiring an additional 136,455 shares during the period. Charles Schwab Investment Management Inc. raised its position in Schwab US Small-Cap ETF by 11.7% in the second quarter. Charles Schwab Investment Management Inc. now owns 1,068,294 shares of the company’s stock worth $76,362,000 after acquiring an additional 111,733 shares during the period. Finally, Matrix Trust Co bought a new position in Schwab US Small-Cap ETF in the second quarter worth approximately $7,216,000.

Shares of NYSEARCA SCHA traded up $0.22 during midday trading on Friday, reaching $72.25. The stock had a trading volume of 1,848 shares, compared to its average volume of 449,199. The stock has a 50-day moving average of $69.87 and a 200-day moving average of $70.57. Schwab US Small-Cap ETF has a 12-month low of $57.04 and a 12-month high of $77.88.

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.

Further Reading: When can a hold rating present a buying opportunity?

Want to see what other hedge funds are holding SCHA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab US Small-Cap ETF (NYSEARCA:SCHA).

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

Receive News & Ratings for Schwab US Small-Cap ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab US Small-Cap ETF and related companies with MarketBeat.com's FREE daily email newsletter.