Spinnaker Investment Group LLC Has $1.64 Million Stake in Schwab US Small-Cap ETF $SCHA

Spinnaker Investment Group LLC boosted its position in shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 70.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 58,836 shares of the company’s stock after acquiring an additional 24,311 shares during the quarter. Schwab US Small-Cap ETF accounts for approximately 0.3% of Spinnaker Investment Group LLC’s investment portfolio, making the stock its 24th biggest holding. Spinnaker Investment Group LLC’s holdings in Schwab US Small-Cap ETF were worth $1,642,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of SCHA. SYM FINANCIAL Corp acquired a new position in shares of Schwab US Small-Cap ETF during the 2nd quarter worth about $28,000. Hoey Investments Inc. bought a new position in Schwab US Small-Cap ETF during the second quarter worth about $29,000. Hantz Financial Services Inc. grew its holdings in Schwab US Small-Cap ETF by 111.7% during the second quarter. Hantz Financial Services Inc. now owns 1,137 shares of the company’s stock worth $29,000 after purchasing an additional 600 shares during the period. Crowley Wealth Management Inc. increased its position in Schwab US Small-Cap ETF by 50.0% during the second quarter. Crowley Wealth Management Inc. now owns 1,200 shares of the company’s stock worth $30,000 after buying an additional 400 shares during the last quarter. Finally, Compass Financial Services Inc bought a new stake in Schwab US Small-Cap ETF in the first quarter valued at approximately $37,000.

Schwab US Small-Cap ETF Stock Up 0.8%

SCHA opened at $28.94 on Friday. Schwab US Small-Cap ETF has a 12-month low of $20.04 and a 12-month high of $29.60. The stock has a market cap of $19.93 billion, a price-to-earnings ratio of 17.65 and a beta of 1.13. The business has a 50 day moving average of $28.18 and a 200-day moving average of $27.06.

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.