New York Life Investment Management LLC Sells 1,013,528 Shares of Schwab US Small-Cap ETF $SCHA

New York Life Investment Management LLC lowered its position in shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 59.8% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 681,271 shares of the company’s stock after selling 1,013,528 shares during the quarter. New York Life Investment Management LLC’s holdings in Schwab US Small-Cap ETF were worth $22,230,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SCHA. Steele Capital Management Inc. grew its holdings in shares of Schwab US Small-Cap ETF by 0.5% in the third quarter. Steele Capital Management Inc. now owns 2,285,517 shares of the company’s stock valued at $74,632,000 after acquiring an additional 11,774 shares in the last quarter. CoreCap Advisors LLC increased its position in shares of Schwab US Small-Cap ETF by 3.9% during the second quarter. CoreCap Advisors LLC now owns 1,656,885 shares of the company’s stock valued at $59,863,000 after acquiring an additional 61,945 shares during the last quarter. Gemmer Asset Management LLC increased its position in shares of Schwab US Small-Cap ETF by 0.8% during the third quarter. Gemmer Asset Management LLC now owns 1,529,297 shares of the company’s stock valued at $49,901,000 after acquiring an additional 12,150 shares during the last quarter. Kohmann Bosshard Financial Services LLC lifted its holdings in Schwab US Small-Cap ETF by 1.0% during the third quarter. Kohmann Bosshard Financial Services LLC now owns 1,456,834 shares of the company’s stock worth $47,536,000 after acquiring an additional 13,918 shares during the period. Finally, Cetera Investment Advisers lifted its holdings in Schwab US Small-Cap ETF by 7.5% during the first quarter. Cetera Investment Advisers now owns 1,271,774 shares of the company’s stock worth $36,983,000 after acquiring an additional 88,435 shares during the period.

Schwab US Small-Cap ETF Trading Down 0.5%

Shares of Schwab US Small-Cap ETF stock opened at $33.23 on Wednesday. The business’s fifty day simple moving average is $33.09 and its 200 day simple moving average is $32.66. Schwab US Small-Cap ETF has a 12 month low of $26.45 and a 12 month high of $36.20. The firm has a market capitalization of $22.88 billion, a P/E ratio of 17.65 and a beta of 1.12.

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.