Peapack Gladstone Financial Corp Cuts Holdings in Schwab US Small-Cap ETF (NYSEARCA:SCHA)

Peapack Gladstone Financial Corp lowered its stake in shares of Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 18.9% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 37,842 shares of the company’s stock after selling 8,824 shares during the period. Peapack Gladstone Financial Corp’s holdings in Schwab US Small-Cap ETF were worth $1,949,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in SCHA. Synovus Financial Corp raised its holdings in shares of Schwab US Small-Cap ETF by 80.7% during the 3rd quarter. Synovus Financial Corp now owns 25,170 shares of the company’s stock valued at $1,296,000 after buying an additional 11,242 shares in the last quarter. Tidal Investments LLC bought a new position in Schwab US Small-Cap ETF during the third quarter valued at approximately $908,000. Wilmington Savings Fund Society FSB purchased a new position in shares of Schwab US Small-Cap ETF during the third quarter worth approximately $129,000. Broadview Financial Management LLC bought a new stake in shares of Schwab US Small-Cap ETF in the 3rd quarter worth approximately $203,000. Finally, World Investment Advisors LLC boosted its stake in shares of Schwab US Small-Cap ETF by 20.3% in the 3rd quarter. World Investment Advisors LLC now owns 18,666 shares of the company’s stock valued at $961,000 after purchasing an additional 3,147 shares in the last quarter.

Schwab US Small-Cap ETF Stock Performance

SCHA stock opened at $25.85 on Friday. The firm has a market cap of $9.01 billion, a P/E ratio of 14.51 and a beta of 1.19. The firm’s fifty day moving average is $26.92 and its 200 day moving average is $25.57. Schwab US Small-Cap ETF has a 52 week low of $22.24 and a 52 week high of $28.57.

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.