Towercrest Capital Management Sells 35,612 Shares of Schwab US Large-Cap ETF $SCHX

Towercrest Capital Management trimmed its holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 1.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,244,984 shares of the company’s stock after selling 35,612 shares during the period. Schwab US Large-Cap ETF comprises about 9.5% of Towercrest Capital Management’s holdings, making the stock its 2nd largest position. Towercrest Capital Management’s holdings in Schwab US Large-Cap ETF were worth $59,133,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Sei Investments Co. raised its holdings in shares of Schwab US Large-Cap ETF by 3.4% in the 2nd quarter. Sei Investments Co. now owns 35,969,139 shares of the company’s stock worth $879,088,000 after acquiring an additional 1,194,355 shares during the last quarter. HBK Sorce Advisory LLC increased its holdings in 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 worth $940,954,000 after purchasing an additional 1,768,344 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of Schwab US Large-Cap ETF by 13.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 27,821,337 shares of the company’s stock worth $679,953,000 after purchasing an additional 3,342,325 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of Schwab US Large-Cap ETF by 17.7% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 19,566,506 shares of the company’s stock worth $484,662,000 after purchasing an additional 2,942,434 shares during the last quarter. Finally, Cerity Partners LLC lifted its holdings in shares of Schwab US Large-Cap ETF by 0.7% in the third quarter. Cerity Partners LLC now owns 18,864,225 shares of the company’s stock valued at $496,884,000 after purchasing an additional 133,206 shares in the last quarter.

Schwab US Large-Cap ETF Stock Up 0.6%

Shares of NYSEARCA:SCHX opened at $27.42 on Monday. The business’s 50 day moving average is $26.85 and its 200 day moving average is $26.07. Schwab US Large-Cap ETF has a 12-month low of $19.00 and a 12-month high of $27.46. The stock has a market cap of $64.59 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01.

About Schwab US Large-Cap ETF

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.