Schwab US Large-Cap ETF $SCHX Stock Position Decreased by Alley Investment Management Company LLC

Alley Investment Management Company LLC cut its position in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 7.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 51,267 shares of the company’s stock after selling 3,947 shares during the period. Alley Investment Management Company LLC’s holdings in Schwab US Large-Cap ETF were worth $1,253,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Financial Consulate Inc. raised its stake in shares of Schwab US Large-Cap ETF by 14.2% during the 2nd quarter. Financial Consulate Inc. now owns 4,703,142 shares of the company’s stock worth $114,945,000 after purchasing an additional 585,217 shares in the last quarter. Truist Financial Corp raised its stake in shares of Schwab US Large-Cap ETF by 10.3% during the 2nd quarter. Truist Financial Corp now owns 932,035 shares of the company’s stock worth $22,779,000 after purchasing an additional 87,052 shares in the last quarter. Powers Advisory Group LLC raised its stake in shares of Schwab US Large-Cap ETF by 0.8% during the 2nd quarter. Powers Advisory Group LLC now owns 1,207,947 shares of the company’s stock worth $29,522,000 after purchasing an additional 10,106 shares in the last quarter. Pennsylvania Capital Management Inc. ADV raised its stake in shares of Schwab US Large-Cap ETF by 6.7% during the 2nd quarter. Pennsylvania Capital Management Inc. ADV now owns 75,195 shares of the company’s stock worth $1,838,000 after purchasing an additional 4,708 shares in the last quarter. Finally, MBA Advisors LLC raised its stake in shares of Schwab US Large-Cap ETF by 3.8% in the 2nd quarter. MBA Advisors LLC now owns 399,692 shares of the company’s stock valued at $9,768,000 after acquiring an additional 14,754 shares in the last quarter.

Schwab US Large-Cap ETF Stock Performance

Shares of SCHX stock opened at $26.34 on Wednesday. The stock’s 50 day simple moving average is $25.60 and its 200 day simple moving average is $23.83. Schwab US Large-Cap ETF has a twelve month low of $19.00 and a twelve month high of $26.51. The company has a market capitalization of $60.47 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01.

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.