Cresset Asset Management LLC Cuts Holdings in Schwab US Small-Cap ETF $SCHA

Cresset Asset Management LLC lowered its stake in shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 9.3% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 176,357 shares of the company’s stock after selling 18,056 shares during the quarter. Cresset Asset Management LLC’s holdings in Schwab US Small-Cap ETF were worth $4,920,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in SCHA. Brighton Jones LLC raised its position in Schwab US Small-Cap ETF by 182.3% during the fourth quarter. Brighton Jones LLC now owns 57,719 shares of the company’s stock valued at $1,493,000 after purchasing an additional 37,271 shares in the last quarter. Revolve Wealth Partners LLC lifted its stake in Schwab US Small-Cap ETF by 104.3% during the fourth quarter. Revolve Wealth Partners LLC now owns 100,044 shares of the company’s stock worth $2,587,000 after purchasing an additional 51,064 shares during the last quarter. Bison Wealth LLC boosted its holdings in shares of Schwab US Small-Cap ETF by 97.3% in the 4th quarter. Bison Wealth LLC now owns 12,578 shares of the company’s stock worth $325,000 after purchasing an additional 6,203 shares in the last quarter. Royal Bank of Canada boosted its holdings in shares of Schwab US Small-Cap ETF by 10.9% in the 1st quarter. Royal Bank of Canada now owns 314,680 shares of the company’s stock worth $7,373,000 after purchasing an additional 30,971 shares in the last quarter. Finally, AQR Capital Management LLC increased its position in shares of Schwab US Small-Cap ETF by 7.7% during the 1st quarter. AQR Capital Management LLC now owns 109,798 shares of the company’s stock valued at $2,573,000 after purchasing an additional 7,840 shares during the last quarter.

Schwab US Small-Cap ETF Trading Down 2.4%

Shares of NYSEARCA SCHA opened at $29.19 on Friday. The stock has a market cap of $20.10 billion, a price-to-earnings ratio of 17.65 and a beta of 1.13. Schwab US Small-Cap ETF has a 1-year low of $20.04 and a 1-year high of $31.25. The stock’s 50-day moving average is $30.23 and its 200 day moving average is $28.77.

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.