Towercrest Capital Management Has $10.44 Million Stock Position in Schwab US Small-Cap ETF $SCHA

Towercrest Capital Management reduced its stake in Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 11.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 374,311 shares of the company’s stock after selling 49,325 shares during the period. Schwab US Small-Cap ETF makes up approximately 1.7% of Towercrest Capital Management’s holdings, making the stock its 21st largest holding. Towercrest Capital Management owned approximately 0.05% of Schwab US Small-Cap ETF worth $10,443,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of SCHA. Empower Advisory Group LLC grew its position in Schwab US Small-Cap ETF by 26.7% in the second quarter. Empower Advisory Group LLC now owns 33,442,998 shares of the company’s stock valued at $846,108,000 after acquiring an additional 7,049,998 shares during the period. Bank of America Corp DE boosted its stake in shares of Schwab US Small-Cap ETF by 5.3% in the 2nd quarter. Bank of America Corp DE now owns 19,019,095 shares of the company’s stock valued at $481,183,000 after purchasing an additional 962,262 shares in the last quarter. Sei Investments Co. boosted its stake in shares of Schwab US Small-Cap ETF by 8.0% in the 2nd quarter. Sei Investments Co. now owns 15,481,401 shares of the company’s stock valued at $391,681,000 after purchasing an additional 1,144,820 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Schwab US Small-Cap ETF by 21.1% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,944,338 shares of the company’s stock worth $125,092,000 after purchasing an additional 861,800 shares during the last quarter. Finally, Creative Planning grew its holdings in shares of Schwab US Small-Cap ETF by 3.1% in the 2nd quarter. Creative Planning now owns 4,689,773 shares of the company’s stock worth $118,651,000 after purchasing an additional 140,068 shares during the last quarter.

Schwab US Small-Cap ETF Stock Up 0.9%

Shares of SCHA stock opened at $30.11 on Monday. Schwab US Small-Cap ETF has a 12-month low of $20.04 and a 12-month high of $30.20. The company has a market capitalization of $20.73 billion, a P/E ratio of 17.65 and a beta of 1.13. The firm has a 50-day moving average price of $28.48 and a 200 day moving average price of $27.54.

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.