Towercrest Capital Management Sells 35,873 Shares of Schwab US Large-Cap ETF $SCHX

Towercrest Capital Management lessened its stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 1.6% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,176,358 shares of the company’s stock after selling 35,873 shares during the quarter. Schwab US Large-Cap ETF makes up about 8.7% 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 $55,802,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. Clayton Financial Group LLC raised its position in shares of Schwab US Large-Cap ETF by 154.6% during the 4th quarter. Clayton Financial Group LLC now owns 49,587 shares of the company’s stock worth $1,334,000 after purchasing an additional 30,112 shares during the last quarter. GEN Financial Management INC. lifted its stake in Schwab US Large-Cap ETF by 24.5% in the 4th quarter. GEN Financial Management INC. now owns 895,830 shares of the company’s stock valued at $24,107,000 after buying an additional 176,498 shares in the last quarter. Farther Finance Advisors LLC lifted its stake in Schwab US Large-Cap ETF by 37.4% in the 4th quarter. Farther Finance Advisors LLC now owns 3,972,127 shares of the company’s stock valued at $106,890,000 after buying an additional 1,081,148 shares in the last quarter. Rede Wealth LLC acquired a new stake in Schwab US Large-Cap ETF in the 4th quarter worth about $855,000. Finally, Steele Capital Management Inc. boosted its holdings in Schwab US Large-Cap ETF by 1.8% in the 4th quarter. Steele Capital Management Inc. now owns 3,985,073 shares of the company’s stock worth $107,238,000 after buying an additional 69,493 shares during the last quarter.

Schwab US Large-Cap ETF Trading Up 0.4%

NYSEARCA:SCHX traded up $0.11 during trading hours on Friday, hitting $29.74. 9,821,637 shares of the stock were exchanged, compared to its average volume of 18,987,023. The firm’s fifty day moving average price is $29.26 and its 200 day moving average price is $27.76. Schwab US Large-Cap ETF has a 52-week low of $24.47 and a 52-week high of $29.95. The company has a market cap of $72.75 billion, a P/E ratio of 25.66 and a beta of 1.00.

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.