BCS Wealth Management Decreases Stock Holdings in Schwab US Large-Cap ETF $SCHX

BCS Wealth Management lessened its holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 15.7% during the third quarter, HoldingsChannel reports. The institutional investor owned 673,536 shares of the company’s stock after selling 125,494 shares during the quarter. Schwab US Large-Cap ETF comprises 4.0% of BCS Wealth Management’s investment portfolio, making the stock its 2nd biggest position. BCS Wealth Management’s holdings in Schwab US Large-Cap ETF were worth $17,741,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Crews Bank & Trust bought a new position in Schwab US Large-Cap ETF in the 2nd quarter worth about $26,000. DiNuzzo Private Wealth Inc. boosted its position in shares of Schwab US Large-Cap ETF by 61.2% during the 3rd quarter. DiNuzzo Private Wealth Inc. now owns 1,093 shares of the company’s stock valued at $28,000 after acquiring an additional 415 shares during the last quarter. S.A. Mason LLC purchased a new position in shares of Schwab US Large-Cap ETF during the second quarter worth about $29,000. Moser Wealth Advisors LLC bought a new position in shares of Schwab US Large-Cap ETF in the second quarter worth approximately $32,000. Finally, Mid American Wealth Advisory Group Inc. bought a new position in shares of Schwab US Large-Cap ETF in the second quarter worth approximately $33,000.

Schwab US Large-Cap ETF Price Performance

Shares of SCHX opened at $27.17 on Tuesday. Schwab US Large-Cap ETF has a 1-year low of $19.00 and a 1-year high of $27.30. The company has a market capitalization of $63.95 billion, a P/E ratio of 25.66 and a beta of 1.01. The firm’s 50 day simple moving average is $26.83 and its 200 day simple moving average is $25.98.

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.