Ocean Park Asset Management LLC Cuts Stake in Schwab US Large-Cap ETF $SCHX

Ocean Park Asset Management LLC lowered its stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 48.6% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 111,581 shares of the company’s stock after selling 105,368 shares during the quarter. Ocean Park Asset Management LLC’s holdings in Schwab US Large-Cap ETF were worth $3,284,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. IFC & Insurance Marketing Inc. bought a new position in shares of Schwab US Large-Cap ETF during the fourth quarter worth $25,000. Measured Wealth Private Client Group LLC bought a new stake in Schwab US Large-Cap ETF in the 3rd quarter valued at $26,000. Optima Capital LLC bought a new stake in Schwab US Large-Cap ETF in the 4th quarter valued at $29,000. Tidemark LLC lifted its stake in Schwab US Large-Cap ETF by 474.3% in the 4th quarter. Tidemark LLC now owns 1,275 shares of the company’s stock worth $34,000 after purchasing an additional 1,053 shares in the last quarter. Finally, Signature Resources Capital Management LLC boosted its holdings in shares of Schwab US Large-Cap ETF by 510.5% during the 1st quarter. Signature Resources Capital Management LLC now owns 1,337 shares of the company’s stock valued at $34,000 after purchasing an additional 1,118 shares during the last quarter.

Schwab US Large-Cap ETF Stock Down 0.3%

Shares of Schwab US Large-Cap ETF stock opened at $30.43 on Wednesday. The firm has a market cap of $74.24 billion, a price-to-earnings ratio of 25.66 and a beta of 1.00. The business has a 50-day moving average price of $29.47 and a 200-day moving average price of $28.14. Schwab US Large-Cap ETF has a twelve month low of $24.81 and a twelve month high of $30.63.

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.