Penobscot Investment Management Company Inc. Raises Position in Schwab US Small-Cap ETF (NYSEARCA:SCHA)

Penobscot Investment Management Company Inc. lifted its holdings in Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 100.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,871 shares of the company’s stock after purchasing an additional 4,435 shares during the quarter. Penobscot Investment Management Company Inc.’s holdings in Schwab US Small-Cap ETF were worth $229,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. TD Capital Management LLC boosted its holdings in Schwab US Small-Cap ETF by 100.4% in the fourth quarter. TD Capital Management LLC now owns 958 shares of the company’s stock worth $25,000 after acquiring an additional 480 shares in the last quarter. Bellevue Asset Management LLC raised its position in shares of Schwab US Small-Cap ETF by 551.4% in the 4th quarter. Bellevue Asset Management LLC now owns 964 shares of the company’s stock valued at $25,000 after purchasing an additional 816 shares during the last quarter. McClarren Financial Advisors Inc. purchased a new stake in Schwab US Small-Cap ETF during the 4th quarter worth approximately $25,000. Pacifica Partners Inc. grew its position in Schwab US Small-Cap ETF by 100.0% during the 4th quarter. Pacifica Partners Inc. now owns 998 shares of the company’s stock worth $26,000 after purchasing an additional 499 shares during the last quarter. Finally, Mainstream Capital Management LLC acquired a new position in Schwab US Small-Cap ETF during the 4th quarter valued at approximately $27,000.

Schwab US Small-Cap ETF Trading Down 1.1 %

NYSEARCA:SCHA opened at $24.13 on Thursday. The company has a market capitalization of $16.93 billion, a P/E ratio of 16.27 and a beta of 1.21. Schwab US Small-Cap ETF has a 12 month low of $22.53 and a 12 month high of $28.57. The firm has a fifty day simple moving average of $25.56 and a 200-day simple moving average of $26.05.

Schwab US Small-Cap ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th will be paid a dividend of $0.0553 per share. The ex-dividend date is Wednesday, March 26th.

Schwab US Small-Cap ETF Company 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.