Towercrest Capital Management Decreases Stock Holdings in Schwab US Large-Cap ETF $SCHX

Towercrest Capital Management cut its holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 1.5% during the 4th quarter, Holdings Channel reports. The fund owned 2,212,231 shares of the company’s stock after selling 32,753 shares during the period. Schwab US Large-Cap ETF comprises 9.4% of Towercrest Capital Management’s portfolio, making the stock its 2nd biggest holding. Towercrest Capital Management’s holdings in Schwab US Large-Cap ETF were worth $59,531,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. Sei Investments Co. raised its position in shares of Schwab US Large-Cap ETF by 3.4% during the 2nd quarter. Sei Investments Co. now owns 35,969,139 shares of the company’s stock valued at $879,088,000 after purchasing an additional 1,194,355 shares during the period. HBK Sorce Advisory LLC raised its position in shares of Schwab US Large-Cap ETF by 5.3% during the 3rd quarter. HBK Sorce Advisory LLC now owns 35,294,611 shares of the company’s stock valued at $940,954,000 after purchasing an additional 1,768,344 shares during the period. Moneta Group Investment Advisors LLC raised its position in shares of Schwab US Large-Cap ETF by 5.5% during the 3rd quarter. Moneta Group Investment Advisors LLC now owns 34,779,046 shares of the company’s stock valued at $916,080,000 after purchasing an additional 1,808,743 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in shares of Schwab US Large-Cap ETF by 5.8% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 29,438,303 shares of the company’s stock valued at $775,405,000 after purchasing an additional 1,616,966 shares during the period. Finally, Sage Financial Group Inc. raised its position in shares of Schwab US Large-Cap ETF by 0.8% during the 3rd quarter. Sage Financial Group Inc. now owns 25,009,642 shares of the company’s stock valued at $658,754,000 after purchasing an additional 199,289 shares during the period.

Schwab US Large-Cap ETF Price Performance

Shares of SCHX stock opened at $26.00 on Wednesday. The company has a market capitalization of $62.30 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 $19.30 and a one year high of $27.54. The company’s fifty day moving average price is $26.59 and its 200-day moving average price is $26.72.

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.