Schwab US Small-Cap ETF $SCHA Stock: Twele Capital Management Inc. Reduces Holdings

Twele Capital Management Inc. lessened its stake in Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 89.6% in the 3rd quarter, Holdings Channel reports. The firm owned 29,787 shares of the company’s stock after selling 256,890 shares during the period. Schwab US Small-Cap ETF comprises about 0.2% of Twele Capital Management Inc.’s portfolio, making the stock its 28th largest holding. Twele Capital Management Inc.’s holdings in Schwab US Small-Cap ETF were worth $972,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. 93 Financial Group LLC acquired a new position in Schwab US Small-Cap ETF during the fourth quarter worth $47,509,000. Bangor Savings Bank purchased a new position in shares of Schwab US Small-Cap ETF during the third quarter worth $14,869,000. Amicus Financial Advisors LLC purchased a new position in shares of Schwab US Small-Cap ETF during the fourth quarter worth $10,398,000. Apella Capital LLC boosted its position in shares of Schwab US Small-Cap ETF by 536.2% during the third quarter. Apella Capital LLC now owns 325,965 shares of the company’s stock worth $10,630,000 after buying an additional 274,728 shares during the period. Finally, Marquette Asset Management LLC acquired a new stake in shares of Schwab US Small-Cap ETF in the third quarter valued at $8,156,000.

Schwab US Small-Cap ETF Stock Performance

Shares of NYSEARCA SCHA traded down $0.10 during trading on Tuesday, reaching $32.56. The stock had a trading volume of 3,603,018 shares, compared to its average volume of 2,880,822. Schwab US Small-Cap ETF has a fifty-two week low of $26.45 and a fifty-two week high of $36.20. The business’s 50-day moving average price is $33.96 and its 200-day moving average price is $33.43. The company has a market cap of $22.42 billion, a P/E ratio of 17.65 and a beta of 1.11.

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.