Gemmer Asset Management LLC Has $24.70 Million Stake in Schwab US Small-Cap ETF (SCHA)

Gemmer Asset Management LLC grew its holdings in Schwab US Small-Cap ETF (NYSEARCA:SCHA) by 24.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 324,232 shares of the company’s stock after purchasing an additional 64,522 shares during the period. Schwab US Small-Cap ETF makes up about 7.7% of Gemmer Asset Management LLC’s holdings, making the stock its 2nd biggest position. Gemmer Asset Management LLC owned about 0.29% of Schwab US Small-Cap ETF worth $24,697,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Murphy Middleton Hinkle & Parker Inc. bought a new stake in shares of Schwab US Small-Cap ETF in the third quarter valued at approximately $234,000. Parkside Financial Bank & Trust increased its holdings in Schwab US Small-Cap ETF by 1,600.2% during the 3rd quarter. Parkside Financial Bank & Trust now owns 7,396 shares of the company’s stock worth $563,000 after acquiring an additional 6,961 shares during the period. Pittenger & Anderson Inc. increased its holdings in Schwab US Small-Cap ETF by 141.6% during the 3rd quarter. Pittenger & Anderson Inc. now owns 3,583 shares of the company’s stock worth $273,000 after acquiring an additional 2,100 shares during the period. Elmwood Wealth Management Inc. increased its holdings in Schwab US Small-Cap ETF by 2.3% during the 3rd quarter. Elmwood Wealth Management Inc. now owns 38,707 shares of the company’s stock worth $2,948,000 after acquiring an additional 876 shares during the period. Finally, BlueSky Wealth Advisors LLC increased its holdings in Schwab US Small-Cap ETF by 2.3% during the 3rd quarter. BlueSky Wealth Advisors LLC now owns 176,737 shares of the company’s stock worth $12,901,000 after acquiring an additional 3,999 shares during the period.

Schwab US Small-Cap ETF stock traded up $0.18 during midday trading on Friday, reaching $69.72. 46,127 shares of the stock were exchanged, compared to its average volume of 431,195. Schwab US Small-Cap ETF has a 52 week low of $65.16 and a 52 week high of $78.34.

The company also recently announced a quarterly dividend, which was paid on Friday, September 28th. Investors of record on Wednesday, September 26th were issued a dividend of $0.2213 per share. This represents a $0.89 dividend on an annualized basis and a yield of 1.27%. The ex-dividend date of this dividend was Tuesday, September 25th. This is a positive change from Schwab US Small-Cap ETF’s previous quarterly dividend of $0.18.

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.

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Institutional Ownership by Quarter for Schwab US Small-Cap ETF (NYSEARCA:SCHA)

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