Schwab US Large-Cap ETF $SCHX Stock: Narwhal Capital Management Reduces Holdings

Narwhal Capital Management reduced its position in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 69.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 14,940 shares of the company’s stock after selling 33,331 shares during the quarter. Narwhal Capital Management’s holdings in Schwab US Large-Cap ETF were worth $448,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SCHX. Legacy Private Trust Co. purchased a new stake in shares of Schwab US Large-Cap ETF during the 3rd quarter worth about $10,825,000. HB Wealth Management LLC increased its position in Schwab US Large-Cap ETF by 2.6% during the 2nd quarter. HB Wealth Management LLC now owns 3,146,255 shares of the company’s stock worth $92,594,000 after purchasing an additional 78,921 shares in the last quarter. Lido Advisors LLC increased its position in Schwab US Large-Cap ETF by 5.7% during the 1st quarter. Lido Advisors LLC now owns 363,701 shares of the company’s stock worth $9,327,000 after purchasing an additional 19,671 shares in the last quarter. Cornerstone Advisors Asset Management LLC raised its holdings in Schwab US Large-Cap ETF by 23.4% in the second quarter. Cornerstone Advisors Asset Management LLC now owns 3,695,022 shares of the company’s stock valued at $108,744,000 after buying an additional 700,586 shares during the period. Finally, Western Wealth Management LLC raised its holdings in Schwab US Large-Cap ETF by 102.6% in the first quarter. Western Wealth Management LLC now owns 249,040 shares of the company’s stock valued at $6,385,000 after buying an additional 126,095 shares during the period.

Schwab US Large-Cap ETF Stock Performance

NYSEARCA SCHX opened at $29.53 on Wednesday. The firm has a market capitalization of $72.81 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01. Schwab US Large-Cap ETF has a one year low of $24.81 and a one year high of $30.79. The company’s 50 day moving average price is $30.12 and its 200 day moving average price is $28.79.

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.