Schwab US Large-Cap ETF $SCHX Shares Sold by Towercrest Capital Management

Towercrest Capital Management reduced its holdings in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 1.6% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,244,984 shares of the company’s stock after selling 35,612 shares during the quarter. Schwab US Large-Cap ETF accounts for about 9.5% of Towercrest Capital Management’s holdings, making the stock its 2nd biggest holding. Towercrest Capital Management owned approximately 0.10% of Schwab US Large-Cap ETF worth $59,133,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. CX Institutional grew its holdings in Schwab US Large-Cap ETF by 27,108.8% in the second quarter. CX Institutional now owns 62,036 shares of the company’s stock worth $1,516,000 after purchasing an additional 61,808 shares during the period. Bank of Montreal Can boosted its position in shares of Schwab US Large-Cap ETF by 6.0% during the 2nd quarter. Bank of Montreal Can now owns 202,214 shares of the company’s stock worth $4,942,000 after purchasing an additional 11,420 shares in the last quarter. Janney Montgomery Scott LLC boosted its position in shares of Schwab US Large-Cap ETF by 2.3% during the 2nd quarter. Janney Montgomery Scott LLC now owns 122,227 shares of the company’s stock worth $2,987,000 after purchasing an additional 2,692 shares in the last quarter. B. Riley Wealth Advisors Inc. acquired a new stake in shares of Schwab US Large-Cap ETF in the 2nd quarter valued at about $2,266,000. Finally, Corient Private Wealth LLC increased its position in Schwab US Large-Cap ETF by 27.6% in the 2nd quarter. Corient Private Wealth LLC now owns 6,051,561 shares of the company’s stock valued at $147,900,000 after buying an additional 1,308,534 shares in the last quarter.

Schwab US Large-Cap ETF Stock Performance

SCHX stock opened at $27.42 on Monday. The stock’s 50 day simple moving average is $26.85 and its 200 day simple moving average is $26.07. The company has a market cap of $64.59 billion, a P/E ratio of 25.66 and a beta of 1.01. Schwab US Large-Cap ETF has a fifty-two week low of $19.00 and a fifty-two week high of $27.46.

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.