Moneywise Inc. Sells 60,485 Shares of Schwab US Large-Cap ETF $SCHX

Moneywise Inc. decreased its position in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 7.6% during the 4th quarter, Holdings Channel reports. The fund owned 738,905 shares of the company’s stock after selling 60,485 shares during the quarter. Schwab US Large-Cap ETF makes up 8.3% of Moneywise Inc.’s portfolio, making the stock its biggest holding. Moneywise Inc.’s holdings in Schwab US Large-Cap ETF were worth $19,884,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in SCHX. Measured Wealth Private Client Group LLC purchased a new position in Schwab US Large-Cap ETF in the third quarter valued at approximately $26,000. Optima Capital LLC purchased a new position in Schwab US Large-Cap ETF in the fourth quarter valued at approximately $29,000. Ransom Advisory Ltd purchased a new position in Schwab US Large-Cap ETF in the fourth quarter valued at approximately $40,000. First Command Advisory Services Inc. purchased a new position in Schwab US Large-Cap ETF in the third quarter valued at approximately $43,000. Finally, Manning & Napier Advisors LLC increased its stake in Schwab US Large-Cap ETF by 31.4% in the third quarter. Manning & Napier Advisors LLC now owns 1,693 shares of the company’s stock valued at $45,000 after purchasing an additional 405 shares during the last quarter.

Schwab US Large-Cap ETF Stock Up 0.6%

Shares of Schwab US Large-Cap ETF stock opened at $29.17 on Thursday. The firm has a market capitalization of $70.34 billion, a P/E ratio of 25.66 and a beta of 1.01. Schwab US Large-Cap ETF has a 52 week low of $21.81 and a 52 week high of $29.23. The firm’s 50 day moving average is $27.02 and its two-hundred day moving average is $27.00.

Schwab US Large-Cap ETF Company Profile

Schwab U.S. Large-Cap ETF (the Fund) goal is to track the total return of the Dow Jones U.S. Large-Cap Total Stock Market Index (the Index). The Fund’s index includes the large-cap portion of the Dow Jones U.S. Total Stock Market Index available to investors in the marketplace. The Dow Jones U.S. Large-Cap Total Stock Market Index includes the components ranked 1-750 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.