Modera Wealth Management LLC Has $37.09 Million Stock Position in Schwab US Large-Cap ETF $SCHX

Modera Wealth Management LLC lowered its position in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 3.3% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,446,603 shares of the company’s stock after selling 49,809 shares during the quarter. Modera Wealth Management LLC’s holdings in Schwab US Large-Cap ETF were worth $37,091,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SCHX. IFC & Insurance Marketing Inc. acquired a new position in Schwab US Large-Cap ETF during the 4th quarter valued at about $25,000. Measured Wealth Private Client Group LLC bought a new stake in shares of Schwab US Large-Cap ETF during the third quarter worth approximately $26,000. Optima Capital LLC bought a new position in Schwab US Large-Cap ETF in the fourth quarter valued at approximately $29,000. Tidemark LLC boosted its position in shares of Schwab US Large-Cap ETF by 474.3% in the 4th quarter. Tidemark LLC now owns 1,275 shares of the company’s stock worth $34,000 after purchasing an additional 1,053 shares during the last quarter. Finally, Signature Resources Capital Management LLC boosted its holdings in Schwab US Large-Cap ETF by 510.5% during the first quarter. Signature Resources Capital Management LLC now owns 1,337 shares of the company’s stock worth $34,000 after buying an additional 1,118 shares during the last quarter.

Schwab US Large-Cap ETF Stock Performance

Shares of NYSEARCA SCHX opened at $29.31 on Friday. Schwab US Large-Cap ETF has a 52-week low of $24.52 and a 52-week high of $29.95. The stock has a market cap of $71.36 billion, a P/E ratio of 25.66 and a beta of 1.00. The firm has a 50 day moving average price of $29.35 and a 200 day moving average price of $27.84.

Schwab US Large-Cap ETF 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.