Berkshire Asset Management LLC PA Cuts Stock Position in Schwab US Small-Cap ETF $SCHA

Berkshire Asset Management LLC PA cut its stake in shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 50.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 45,053 shares of the company’s stock after selling 46,289 shares during the period. Berkshire Asset Management LLC PA’s holdings in Schwab US Small-Cap ETF were worth $1,283,000 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 bought and sold shares of SCHA. Morton Brown Family Wealth LLC acquired a new position in Schwab US Small-Cap ETF in the 4th quarter valued at $30,000. Tompkins Financial Corp lifted its stake in shares of Schwab US Small-Cap ETF by 1,982.7% in the 4th quarter. Tompkins Financial Corp now owns 1,083 shares of the company’s stock worth $31,000 after acquiring an additional 1,031 shares during the period. International Assets Investment Management LLC acquired a new stake in shares of Schwab US Small-Cap ETF in the 4th quarter worth $31,000. Stephens Consulting LLC boosted its holdings in shares of Schwab US Small-Cap ETF by 3,108.3% in the fourth quarter. Stephens Consulting LLC now owns 1,155 shares of the company’s stock valued at $33,000 after acquiring an additional 1,119 shares in the last quarter. Finally, Hilton Head Capital Partners LLC purchased a new stake in shares of Schwab US Small-Cap ETF in the fourth quarter valued at about $34,000.

Schwab US Small-Cap ETF Stock Down 1.1%

Shares of Schwab US Small-Cap ETF stock opened at $34.80 on Wednesday. The firm has a market cap of $23.96 billion, a price-to-earnings ratio of 17.65 and a beta of 1.10. Schwab US Small-Cap ETF has a 52-week low of $24.33 and a 52-week high of $35.53. The company’s 50-day simple moving average is $32.81 and its 200-day simple moving average is $30.76.

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.