Towercrest Capital Management Sells 58,345 Shares of Schwab US Small-Cap ETF $SCHA

Towercrest Capital Management trimmed its stake in Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 15.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 315,966 shares of the company’s stock after selling 58,345 shares during the quarter. Schwab US Small-Cap ETF makes up about 1.4% of Towercrest Capital Management’s portfolio, making the stock its 24th biggest holding. Towercrest Capital Management’s holdings in Schwab US Small-Cap ETF were worth $8,999,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently bought and sold shares of SCHA. Vantagepoint Investment Advisers LLC bought a new position in shares of Schwab US Small-Cap ETF during the 3rd quarter worth approximately $58,384,000. Corient Private Wealth LLC boosted its stake in shares of Schwab US Small-Cap ETF by 105.1% during the 2nd quarter. Corient Private Wealth LLC now owns 2,427,258 shares of the company’s stock worth $61,427,000 after acquiring an additional 1,243,640 shares during the period. Sei Investments Co. boosted its stake in shares of Schwab US Small-Cap ETF by 8.0% during the 2nd quarter. Sei Investments Co. now owns 15,481,401 shares of the company’s stock worth $391,681,000 after acquiring an additional 1,144,820 shares during the period. Bank of America Corp DE boosted its stake in shares of Schwab US Small-Cap ETF by 5.3% during the 2nd quarter. Bank of America Corp DE now owns 19,019,095 shares of the company’s stock worth $481,183,000 after acquiring an additional 962,262 shares during the period. Finally, New York Life Investment Management LLC boosted its stake in shares of Schwab US Small-Cap ETF by 151.5% during the 3rd quarter. New York Life Investment Management LLC now owns 1,350,769 shares of the company’s stock worth $37,686,000 after acquiring an additional 813,680 shares during the period.

Schwab US Small-Cap ETF Trading Up 0.1%

Shares of NYSEARCA SCHA opened at $29.68 on Wednesday. Schwab US Small-Cap ETF has a 12 month low of $20.09 and a 12 month high of $31.25. The stock has a 50 day moving average of $29.89 and a 200-day moving average of $29.06. The company has a market capitalization of $20.43 billion, a P/E ratio of 17.65 and a beta of 1.11.

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. 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.