Schwab US Small-Cap ETF (NYSEARCA:SCHA) Position Reduced by Dravo Bay LLC

Dravo Bay LLC lowered its holdings in Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 0.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 141,617 shares of the company’s stock after selling 383 shares during the period. Schwab US Small-Cap ETF makes up 4.5% of Dravo Bay LLC’s portfolio, making the stock its 6th biggest position. Dravo Bay LLC’s holdings in Schwab US Small-Cap ETF were worth $6,690,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in SCHA. Hamilton Point Investment Advisors LLC purchased a new stake in shares of Schwab US Small-Cap ETF during the fourth quarter valued at approximately $25,000. Tennessee Valley Asset Management Partners acquired a new position in Schwab US Small-Cap ETF in the 4th quarter worth $28,000. First Horizon Advisors Inc. boosted its position in Schwab US Small-Cap ETF by 126.3% in the 4th quarter. First Horizon Advisors Inc. now owns 801 shares of the company’s stock valued at $38,000 after buying an additional 447 shares during the last quarter. VisionPoint Advisory Group LLC acquired a new position in shares of Schwab US Small-Cap ETF in the third quarter worth about $50,000. Finally, Fifth Third Bancorp boosted its holdings in Schwab US Small-Cap ETF by 134.8% in the third quarter. Fifth Third Bancorp now owns 1,348 shares of the company’s stock valued at $56,000 after purchasing an additional 774 shares during the last quarter.

Schwab US Small-Cap ETF Price Performance

Shares of NYSEARCA:SCHA traded down $0.26 during midday trading on Wednesday, reaching $47.78. The company had a trading volume of 692,086 shares, compared to its average volume of 1,199,171. Schwab US Small-Cap ETF has a one year low of $38.05 and a one year high of $49.54. The stock has a market capitalization of $16.63 billion, a P/E ratio of 13.86 and a beta of 1.21. The stock’s fifty day moving average price is $47.45 and its 200-day moving average price is $45.44.

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.