Towercrest Capital Management reduced its stake in Schwab US Small-Cap ETF (NYSEARCA:SCHA – Free Report) by 9.4% during the third quarter, Holdings Channel.com reports. The firm owned 266,987 shares of the company’s stock after selling 27,702 shares during the quarter. Schwab US Small-Cap ETF accounts for approximately 1.2% of Towercrest Capital Management’s holdings, making the stock its 24th largest position. Towercrest Capital Management’s holdings in Schwab US Small-Cap ETF were worth $8,712,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Pine Haven Investment Counsel Inc grew its holdings in Schwab US Small-Cap ETF by 1.9% during the second quarter. Pine Haven Investment Counsel Inc now owns 15,961 shares of the company’s stock valued at $577,000 after purchasing an additional 300 shares during the period. Sax Wealth Advisors LLC raised its stake in shares of Schwab US Small-Cap ETF by 1.7% in the third quarter. Sax Wealth Advisors LLC now owns 18,327 shares of the company’s stock worth $598,000 after buying an additional 310 shares during the period. Strategic Investment Solutions Inc. IL raised its stake in shares of Schwab US Small-Cap ETF by 1.0% in the second quarter. Strategic Investment Solutions Inc. IL now owns 31,141 shares of the company’s stock worth $1,125,000 after buying an additional 318 shares during the period. Signature Resources Capital Management LLC lifted its position in shares of Schwab US Small-Cap ETF by 2.7% during the 3rd quarter. Signature Resources Capital Management LLC now owns 12,738 shares of the company’s stock valued at $416,000 after buying an additional 338 shares in the last quarter. Finally, Physician Wealth Advisors Inc. lifted its position in shares of Schwab US Small-Cap ETF by 3.8% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 11,007 shares of the company’s stock valued at $359,000 after buying an additional 399 shares in the last quarter.
Schwab US Small-Cap ETF Price Performance
Shares of NYSEARCA:SCHA traded down $0.14 during mid-day trading on Friday, reaching $32.53. 3,049,892 shares of the company traded hands, compared to its average volume of 2,927,344. The company’s 50 day moving average price is $33.50 and its 200-day moving average price is $33.61. The firm has a market cap of $22.40 billion, a PE ratio of 17.65 and a beta of 1.11. Schwab US Small-Cap ETF has a 52 week low of $26.45 and a 52 week high of $36.20.
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. The types of derivatives used by the Fund are options, futures, options on futures and swaps. The Fund may lend its portfolio securities to brokers, dealers and other financial institutions.
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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 – Free Report).
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