Meritage Portfolio Management Has $254,000 Holdings in Schwab US Small-Cap ETF (NYSEARCA:SCHA)

Meritage Portfolio Management cut its holdings in shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 54.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,378 shares of the company’s stock after selling 6,368 shares during the period. Meritage Portfolio Management’s holdings in Schwab US Small-Cap ETF were worth $254,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Hamilton Point Investment Advisors LLC acquired a new stake in shares of Schwab US Small-Cap ETF in the fourth quarter valued at $25,000. Tennessee Valley Asset Management Partners acquired a new stake in Schwab US Small-Cap ETF in the 4th quarter valued at about $28,000. VisionPoint Advisory Group LLC bought a new position in shares of Schwab US Small-Cap ETF in the third quarter worth about $50,000. PDS Planning Inc increased its position in Schwab US Small-Cap ETF by 29.7% in the third quarter. PDS Planning Inc now owns 1,314 shares of the company’s stock worth $54,000 after purchasing an additional 301 shares during the period. Finally, Fifth Third Bancorp lifted its position in Schwab US Small-Cap ETF by 134.8% during the 3rd quarter. Fifth Third Bancorp now owns 1,348 shares of the company’s stock valued at $56,000 after purchasing an additional 774 shares during the period.

Schwab US Small-Cap ETF Price Performance

Shares of NYSEARCA:SCHA opened at $46.59 on Friday. The stock has a market cap of $16.15 billion, a price-to-earnings ratio of 13.87 and a beta of 1.21. The company has a 50 day moving average of $47.45 and a 200-day moving average of $45.05. Schwab US Small-Cap ETF has a one year low of $38.05 and a one 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.