Waverly Advisors LLC Sells 28,138 Shares of Schwab US Small-Cap ETF $SCHA

Waverly Advisors LLC trimmed its position in shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 6.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 408,316 shares of the company’s stock after selling 28,138 shares during the period. Waverly Advisors LLC owned approximately 0.06% of Schwab US Small-Cap ETF worth $11,874,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of America Corp DE raised its stake in Schwab US Small-Cap ETF by 5.3% during the second 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. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Schwab US Small-Cap ETF by 5.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 5,502,072 shares of the company’s stock worth $156,699,000 after buying an additional 260,545 shares during the last quarter. UBS Group AG increased its holdings in shares of Schwab US Small-Cap ETF by 7.1% in the 3rd quarter. UBS Group AG now owns 4,096,983 shares of the company’s stock worth $114,306,000 after buying an additional 271,629 shares during the last quarter. Valpey Financial Services LLC raised its position in shares of Schwab US Small-Cap ETF by 2,689.1% during the 4th quarter. Valpey Financial Services LLC now owns 3,638,749 shares of the company’s stock valued at $103,632,000 after buying an additional 3,508,286 shares in the last quarter. Finally, Corient Private Wealth LLC raised its position in shares of Schwab US Small-Cap ETF by 164.9% during the 4th quarter. Corient Private Wealth LLC now owns 3,613,460 shares of the company’s stock valued at $102,911,000 after buying an additional 2,249,591 shares in the last quarter.

Schwab US Small-Cap ETF Stock Performance

Shares of NYSEARCA:SCHA opened at $33.93 on Monday. Schwab US Small-Cap ETF has a 12 month low of $24.95 and a 12 month high of $36.20. The company has a 50-day moving average price of $34.36 and a 200 day moving average price of $31.94. The company has a market cap of $23.36 billion, a price-to-earnings ratio of 17.65 and a beta of 1.09.

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.