Gray Wealth Management Inc. Cuts Stock Position in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Gray Wealth Management Inc. decreased its holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 10.1% in the 4th quarter, HoldingsChannel reports. The firm owned 6,319 shares of the company’s stock after selling 710 shares during the quarter. Gray Wealth Management Inc.’s holdings in Schwab US Large-Cap ETF were worth $356,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Charles Schwab Investment Advisory Inc. increased its stake in shares of Schwab US Large-Cap ETF by 103.5% during the first quarter. Charles Schwab Investment Advisory Inc. now owns 135,281,261 shares of the company’s stock worth $7,284,896,000 after buying an additional 68,805,989 shares during the period. Cerity Partners LLC grew its holdings in Schwab US Large-Cap ETF by 518.6% during the 4th quarter. Cerity Partners LLC now owns 28,300,987 shares of the company’s stock worth $1,596,176,000 after acquiring an additional 23,726,348 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of Schwab US Large-Cap ETF by 110.3% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 36,493,134 shares of the company’s stock valued at $1,965,156,000 after purchasing an additional 19,136,345 shares during the last quarter. AJ Wealth Strategies LLC increased its position in shares of Schwab US Large-Cap ETF by 89.5% in the 1st quarter. AJ Wealth Strategies LLC now owns 4,701,271 shares of the company’s stock valued at $253,163,000 after purchasing an additional 2,220,404 shares during the last quarter. Finally, Mariner LLC raised its holdings in shares of Schwab US Large-Cap ETF by 103.4% in the 1st quarter. Mariner LLC now owns 3,976,418 shares of the company’s stock valued at $214,130,000 after purchasing an additional 2,021,700 shares in the last quarter.

Schwab US Large-Cap ETF Trading Down 0.3 %

NYSEARCA:SCHX traded down $0.17 during trading hours on Thursday, hitting $59.16. The company’s stock had a trading volume of 1,917,286 shares, compared to its average volume of 1,863,485. Schwab US Large-Cap ETF has a 52-week low of $47.57 and a 52-week high of $62.24. The stock has a market capitalization of $38.33 billion, a P/E ratio of 25.60 and a beta of 1.02. The stock has a fifty day moving average of $60.64 and a 200-day moving average of $56.35.

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.