NewEdge Advisors LLC Reduces Stock Position in Schwab US Large-Cap ETF $SCHX

NewEdge Advisors LLC lessened its position in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 11.4% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 395,392 shares of the company’s stock after selling 50,943 shares during the period. NewEdge Advisors LLC’s holdings in Schwab US Large-Cap ETF were worth $10,138,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. IFC & Insurance Marketing Inc. purchased a new stake in Schwab US Large-Cap ETF in the 4th quarter worth approximately $25,000. Measured Wealth Private Client Group LLC purchased a new stake in Schwab US Large-Cap ETF in the third quarter worth $26,000. Optima Capital LLC purchased a new stake in Schwab US Large-Cap ETF in the fourth quarter worth $29,000. Tidemark LLC boosted its holdings in Schwab US Large-Cap ETF by 474.3% in the fourth quarter. Tidemark LLC now owns 1,275 shares of the company’s stock valued at $34,000 after acquiring an additional 1,053 shares in the last quarter. Finally, Signature Resources Capital Management LLC boosted its holdings in Schwab US Large-Cap ETF by 510.5% in the first quarter. Signature Resources Capital Management LLC now owns 1,337 shares of the company’s stock valued at $34,000 after acquiring an additional 1,118 shares in the last quarter.

Schwab US Large-Cap ETF Trading Up 1.5%

Shares of Schwab US Large-Cap ETF stock opened at $29.25 on Friday. Schwab US Large-Cap ETF has a 12-month low of $24.52 and a 12-month high of $29.95. The company has a market cap of $71.33 billion, a P/E ratio of 25.66 and a beta of 1.00. The company’s fifty day simple moving average is $29.37 and its two-hundred day simple moving average is $27.97.

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.