Schwab US Small-Cap ETF $SCHA Shares Sold by Valley National Advisers Inc.

Valley National Advisers Inc. trimmed its holdings in shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 98.2% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 114,288 shares of the company’s stock after selling 6,172,487 shares during the period. Valley National Advisers Inc.’s holdings in Schwab US Small-Cap ETF were worth $3,729,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. CoreCap Advisors LLC increased its stake in Schwab US Small-Cap ETF by 3.9% in the 2nd quarter. CoreCap Advisors LLC now owns 1,656,885 shares of the company’s stock worth $59,863,000 after acquiring an additional 61,945 shares during the last quarter. Gemmer Asset Management LLC boosted its position in shares of Schwab US Small-Cap ETF by 0.8% during the 3rd 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 boosted its position in shares of Schwab US Small-Cap ETF by 1.3% during the 1st quarter. Kohmann Bosshard Financial Services LLC now owns 1,375,800 shares of the company’s stock valued at $40,057,000 after acquiring an additional 17,604 shares during the last quarter. Cetera Investment Advisers boosted its position in shares of Schwab US Small-Cap ETF by 7.5% during the 1st quarter. Cetera Investment Advisers now owns 1,271,774 shares of the company’s stock valued at $36,983,000 after acquiring an additional 88,435 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC grew its holdings in shares of Schwab US Small-Cap ETF by 2.5% during the second quarter. Dynamic Advisor Solutions LLC now owns 899,273 shares of the company’s stock worth $32,491,000 after purchasing an additional 21,722 shares in the last quarter.

Schwab US Small-Cap ETF Trading Down 0.4%

Shares of NYSEARCA SCHA opened at $32.53 on Friday. 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 $22.40 billion, a price-to-earnings ratio of 17.65 and a beta of 1.11. The business has a 50-day moving average of $33.50 and a 200-day moving average of $33.61.

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.