Schwab US Large-Cap ETF $SCHX Shares Sold by Towercrest Capital Management

Towercrest Capital Management trimmed its holdings in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 1.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,180,894 shares of the company’s stock after selling 41,821 shares during the period. Schwab US Large-Cap ETF makes up about 9.3% of Towercrest Capital Management’s portfolio, making the stock its 2nd biggest position. Towercrest Capital Management owned about 0.09% of Schwab US Large-Cap ETF worth $65,427,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Capital Investment Advisors LLC raised its stake in shares of Schwab US Large-Cap ETF by 6.6% during the 3rd quarter. Capital Investment Advisors LLC now owns 101,801 shares of the company’s stock valued at $3,054,000 after buying an additional 6,347 shares during the last quarter. Wedbush Securities Inc. purchased a new stake in shares of Schwab US Large-Cap ETF in the third quarter worth about $889,000. Capital City Trust Co. FL purchased a new stake in shares of Schwab US Large-Cap ETF in the third quarter worth about $250,000. Christensen King & Associates Investment Services Inc. boosted its stake in shares of Schwab US Large-Cap ETF by 1.2% in the third quarter. Christensen King & Associates Investment Services Inc. now owns 1,156,756 shares of the company’s stock worth $34,703,000 after buying an additional 14,222 shares during the last quarter. Finally, BIP Wealth LLC grew its holdings in Schwab US Large-Cap ETF by 5.5% during the third quarter. BIP Wealth LLC now owns 319,837 shares of the company’s stock worth $9,595,000 after acquiring an additional 16,692 shares during the period.

Schwab US Large-Cap ETF Stock Performance

Schwab US Large-Cap ETF stock traded down $0.15 during midday trading on Friday, hitting $29.88. 16,806,363 shares of the company were exchanged, compared to its average volume of 15,544,681. The business has a fifty day simple moving average of $30.24 and a two-hundred day simple moving average of $29.47. The firm has a market capitalization of $73.50 billion, a PE ratio of 25.66 and a beta of 1.01. Schwab US Large-Cap ETF has a fifty-two week low of $24.81 and a fifty-two week high of $30.79.

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.