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

Towercrest Capital Management cut its position in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 1.6% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,176,358 shares of the company’s stock after selling 35,873 shares during the period. Schwab US Large-Cap ETF accounts for 8.7% of Towercrest Capital Management’s holdings, making the stock its 2nd biggest position. Towercrest Capital Management owned about 0.09% of Schwab US Large-Cap ETF worth $55,802,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. IFC & Insurance Marketing Inc. purchased a new position in Schwab US Large-Cap ETF in the fourth quarter valued at $25,000. Measured Wealth Private Client Group LLC purchased a new stake in shares of Schwab US Large-Cap ETF during the 3rd quarter worth about $26,000. Optima Capital LLC purchased a new stake in shares of Schwab US Large-Cap ETF during the 4th quarter worth about $29,000. Tidemark LLC grew its position in shares of Schwab US Large-Cap ETF by 474.3% during the 4th quarter. Tidemark LLC now owns 1,275 shares of the company’s stock valued at $34,000 after acquiring an additional 1,053 shares during the period. Finally, Signature Resources Capital Management LLC grew its position in shares of Schwab US Large-Cap ETF by 510.5% during the 1st quarter. Signature Resources Capital Management LLC now owns 1,337 shares of the company’s stock valued at $34,000 after acquiring an additional 1,118 shares during the period.

Schwab US Large-Cap ETF Stock Performance

Shares of Schwab US Large-Cap ETF stock traded up $0.11 on Friday, hitting $29.74. The company’s stock had a trading volume of 9,821,637 shares, compared to its average volume of 18,987,023. Schwab US Large-Cap ETF has a 1 year low of $24.47 and a 1 year high of $29.95. The firm has a fifty day moving average price of $29.26 and a 200-day moving average price of $27.76. The company has a market capitalization of $72.75 billion, a price-to-earnings ratio of 25.66 and a beta of 1.00.

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.