Schwab US Large-Cap ETF $SCHX Stock: Strategic Equity Management Lowers Holdings

Strategic Equity Management decreased its position in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 77.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 102,809 shares of the company’s stock after selling 349,883 shares during the quarter. Schwab US Large-Cap ETF makes up approximately 2.7% of Strategic Equity Management’s portfolio, making the stock its 14th biggest position. Strategic Equity Management’s holdings in Schwab US Large-Cap ETF were worth $3,084,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Vantagepoint Investment Advisers LLC acquired a new position in Schwab US Large-Cap ETF in the 3rd quarter valued at approximately $217,526,000. SigFig Wealth Management LLC lifted its holdings in shares of Schwab US Large-Cap ETF by 226.8% during the third quarter. SigFig Wealth Management LLC now owns 6,835,181 shares of the company’s stock worth $205,055,000 after purchasing an additional 4,743,566 shares during the period. Financial Solutions Advisory Group Inc. bought a new stake in shares of Schwab US Large-Cap ETF in the first quarter worth $70,778,000. Scarborough Advisors LLC bought a new stake in shares of Schwab US Large-Cap ETF in the first quarter worth $60,491,000. Finally, Valley National Advisers Inc. bought a new stake in shares of Schwab US Large-Cap ETF in the third quarter worth $65,007,000.

Schwab US Large-Cap ETF Stock Up 2.4%

NYSEARCA SCHX opened at $29.63 on Tuesday. The company has a market capitalization of $73.05 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01. Schwab US Large-Cap ETF has a twelve month low of $24.81 and a twelve month high of $30.79. The stock has a fifty day simple moving average of $30.14 and a 200 day simple moving average of $28.78.

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.