Towercrest Capital Management Sells 27,702 Shares of Schwab US Small-Cap ETF $SCHA

Towercrest Capital Management trimmed its position in shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 9.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). 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 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Cliftonlarsonallen Wealth Advisors LLC bought a new stake in shares of Schwab US Small-Cap ETF in the third quarter worth $29,526,000. Weaver Capital Management LLC bought a new position in Schwab US Small-Cap ETF in the third quarter valued at about $21,114,000. Bangor Savings Bank bought a new position in Schwab US Small-Cap ETF in the third quarter valued at about $14,869,000. Courage Miller Partners LLC bought a new position in Schwab US Small-Cap ETF in the third quarter valued at about $11,706,000. Finally, Apella Capital LLC boosted its position in Schwab US Small-Cap ETF by 536.2% in the third quarter. Apella Capital LLC now owns 325,965 shares of the company’s stock worth $10,630,000 after purchasing an additional 274,728 shares during the last quarter.

Schwab US Small-Cap ETF Stock Down 0.4%

NYSEARCA:SCHA traded down $0.14 on Friday, hitting $32.53. The stock had a trading volume of 3,049,892 shares, compared to its average volume of 2,927,344. The business’s 50-day simple moving average is $33.50 and its two-hundred day simple moving average is $33.61. The stock has a market cap of $22.40 billion, a price-to-earnings 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.