Schwab US Large-Cap ETF $SCHX Shares Sold by Strategic Equity Management

by · The Cerbat Gem

Strategic Equity Management decreased its holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHXFree Report) by 12.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 618,115 shares of the company’s stock after selling 84,071 shares during the quarter. Schwab US Large-Cap ETF accounts for about 5.6% of Strategic Equity Management’s investment portfolio, making the stock its 5th largest position. Strategic Equity Management’s holdings in Schwab US Large-Cap ETF were worth $16,633,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in the business. Bfsg LLC grew its position in Schwab US Large-Cap ETF by 0.8% in the fourth quarter. Bfsg LLC now owns 49,029 shares of the company’s stock worth $1,319,000 after buying an additional 374 shares during the last quarter. Sound Stewardship LLC grew its position in Schwab US Large-Cap ETF by 2.6% during the 4th quarter. Sound Stewardship LLC now owns 14,789 shares of the company’s stock worth $398,000 after purchasing an additional 381 shares in the last quarter. Independent Advisor Alliance grew its position in Schwab US Large-Cap ETF by 1.1% during the 3rd quarter. Independent Advisor Alliance now owns 35,309 shares of the company’s stock worth $930,000 after purchasing an additional 392 shares in the last quarter. Traub Capital Management LLC grew its position in Schwab US Large-Cap ETF by 2.6% during the 4th quarter. Traub Capital Management LLC now owns 15,891 shares of the company’s stock worth $428,000 after purchasing an additional 400 shares in the last quarter. Finally, Cadence Wealth Management LLC grew its position in Schwab US Large-Cap ETF by 2.9% during the 4th quarter. Cadence Wealth Management LLC now owns 14,389 shares of the company’s stock worth $387,000 after purchasing an additional 401 shares in the last quarter.

Schwab US Large-Cap ETF Stock Performance

NYSEARCA SCHX opened at $29.53 on Wednesday. Schwab US Large-Cap ETF has a twelve month low of $21.81 and a twelve month high of $29.59. The stock has a market cap of $71.21 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01. The firm’s 50 day moving average price is $27.48 and its two-hundred day moving average price is $27.14.

About Schwab US Large-Cap ETF

(Free Report)

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.

Further Reading

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