Gradient Capital Advisors LLC Cuts Stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Gradient Capital Advisors LLC lowered its stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 2.4% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 276,630 shares of the company’s stock after selling 6,858 shares during the period. Schwab US Large-Cap ETF comprises 2.0% of Gradient Capital Advisors LLC’s investment portfolio, making the stock its 11th biggest position. Gradient Capital Advisors LLC’s holdings in Schwab US Large-Cap ETF were worth $6,108,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of SCHX. Wedgewood Investors Inc. PA grew its position in shares of Schwab US Large-Cap ETF by 0.5% in the 1st quarter. Wedgewood Investors Inc. PA now owns 102,235 shares of the company’s stock valued at $2,257,000 after buying an additional 477 shares during the last quarter. Simon Quick Advisors LLC lifted its stake in shares of Schwab US Large-Cap ETF by 0.6% in the 1st quarter. Simon Quick Advisors LLC now owns 87,273 shares of the company’s stock worth $1,927,000 after acquiring an additional 522 shares during the period. TD Private Client Wealth LLC lifted its stake in shares of Schwab US Large-Cap ETF by 0.4% in the 1st quarter. TD Private Client Wealth LLC now owns 164,825 shares of the company’s stock worth $3,639,000 after acquiring an additional 653 shares during the period. Keybank National Association OH lifted its stake in shares of Schwab US Large-Cap ETF by 1.2% in the 1st quarter. Keybank National Association OH now owns 56,128 shares of the company’s stock worth $1,239,000 after acquiring an additional 679 shares during the period. Finally, Peterson Wealth Advisors LLC lifted its stake in shares of Schwab US Large-Cap ETF by 6.3% in the 1st quarter. Peterson Wealth Advisors LLC now owns 12,097 shares of the company’s stock worth $267,000 after acquiring an additional 713 shares during the period.

Schwab US Large-Cap ETF Stock Performance

SCHX stock opened at $24.92 on Friday. Schwab US Large-Cap ETF has a one year low of $19.00 and a one year high of $24.94. The stock has a market capitalization of $57.02 billion, a PE ratio of 25.66 and a beta of 1.01. The company has a fifty day moving average of $23.84 and a 200-day moving average of $23.07.

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.