Towercrest Capital Management Lowers Position in Schwab US Large-Cap ETF $SCHX

Towercrest Capital Management decreased its stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 1.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,212,231 shares of the company’s stock after selling 32,753 shares during the period. Schwab US Large-Cap ETF comprises 9.4% of Towercrest Capital Management’s portfolio, making the stock its 2nd largest holding. Towercrest Capital Management owned about 0.09% of Schwab US Large-Cap ETF worth $59,531,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Measured Wealth Private Client Group LLC purchased a new position in shares of Schwab US Large-Cap ETF in the third quarter worth approximately $26,000. DiNuzzo Private Wealth Inc. raised its position in Schwab US Large-Cap ETF by 61.2% in the third quarter. DiNuzzo Private Wealth Inc. now owns 1,093 shares of the company’s stock worth $28,000 after acquiring an additional 415 shares during the period. Ransom Advisory Ltd bought a new position in Schwab US Large-Cap ETF in the fourth quarter worth approximately $40,000. First Command Advisory Services Inc. bought a new position in Schwab US Large-Cap ETF in the third quarter worth approximately $43,000. Finally, Manning & Napier Advisors LLC raised its position in Schwab US Large-Cap ETF by 31.4% in the third quarter. Manning & Napier Advisors LLC now owns 1,693 shares of the company’s stock worth $45,000 after acquiring an additional 405 shares during the period.

Schwab US Large-Cap ETF Trading Up 0.0%

SCHX opened at $26.00 on Wednesday. Schwab US Large-Cap ETF has a 1-year low of $19.30 and a 1-year high of $27.54. The company has a market capitalization of $62.30 billion, a PE ratio of 25.66 and a beta of 1.01. The firm’s 50 day simple moving average is $26.59 and its two-hundred day simple moving average is $26.72.

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.