Schwab US Large-Cap ETF $SCHX Stock Position Cut by Downshift Financial LLC

Downshift Financial LLC cut its stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 11.9% in the 1st quarter, Holdings Channel reports. The firm owned 660,502 shares of the company’s stock after selling 89,544 shares during the period. Schwab US Large-Cap ETF makes up about 9.0% of Downshift Financial LLC’s portfolio, making the stock its 3rd biggest position. Downshift Financial LLC’s holdings in Schwab US Large-Cap ETF were worth $18,466,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Clayton Financial Group LLC boosted its position in shares of Schwab US Large-Cap ETF by 154.6% during the fourth quarter. Clayton Financial Group LLC now owns 49,587 shares of the company’s stock valued at $1,334,000 after purchasing an additional 30,112 shares in the last quarter. GEN Financial Management INC. raised its holdings in Schwab US Large-Cap ETF by 24.5% in the 4th quarter. GEN Financial Management INC. now owns 895,830 shares of the company’s stock worth $24,107,000 after acquiring an additional 176,498 shares during the last quarter. Farther Finance Advisors LLC lifted its position in Schwab US Large-Cap ETF by 37.4% in the 4th quarter. Farther Finance Advisors LLC now owns 3,972,127 shares of the company’s stock valued at $106,890,000 after acquiring an additional 1,081,148 shares in the last quarter. Rede Wealth LLC purchased a new stake in Schwab US Large-Cap ETF during the 4th quarter valued at $855,000. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its holdings in shares of Schwab US Large-Cap ETF by 5.1% in the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 1,130,533 shares of the company’s stock worth $30,423,000 after purchasing an additional 55,088 shares in the last quarter.

Schwab US Large-Cap ETF Price Performance

SCHX stock opened at $29.62 on Tuesday. The stock has a market capitalization of $72.15 billion, a P/E ratio of 25.66 and a beta of 1.00. Schwab US Large-Cap ETF has a 1-year low of $24.47 and a 1-year high of $29.95. The business has a fifty day moving average price of $29.14 and a 200-day moving average price of $27.68.

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.