Schwab US Large-Cap ETF (NYSEARCA:SCHX) Sees Significant Decline in Short Interest

Schwab US Large-Cap ETF (NYSEARCA:SCHX) saw a significant decline in short interest in the month of March. As of March 13th, there was short interest totaling 1,825,460 shares, a decline of 13.4% from the February 26th total of 2,108,964 shares. Based on an average trading volume of 30,910,554 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are short sold.

Institutional Investors Weigh In On Schwab US Large-Cap ETF

A number of large investors have recently added to or reduced their stakes in the stock. Sei Investments Co. raised its holdings in 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 valued at $879,088,000 after acquiring an additional 1,194,355 shares in the last quarter. Moneta Group Investment Advisors LLC grew its holdings in shares of Schwab US Large-Cap ETF by 3.0% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 35,831,024 shares of the company’s stock worth $964,213,000 after purchasing an additional 1,051,978 shares in the last quarter. HBK Sorce Advisory LLC grew its holdings in shares of 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. increased its position in shares of Schwab US Large-Cap ETF by 5.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 30,984,972 shares of the company’s stock worth $833,806,000 after purchasing an additional 1,546,669 shares during the period. Finally, Sage Financial Group Inc. raised its stake in Schwab US Large-Cap ETF by 0.8% in the third quarter. Sage Financial Group Inc. now owns 25,009,642 shares of the company’s stock valued at $658,754,000 after purchasing an additional 199,289 shares in the last quarter.

Schwab US Large-Cap ETF Price Performance

SCHX opened at $24.92 on Tuesday. The business has a fifty day simple moving average of $26.75 and a 200 day simple moving average of $26.73. The company has a market capitalization of $58.91 billion, a PE ratio of 25.66 and a beta of 1.01. Schwab US Large-Cap ETF has a 1 year low of $19.00 and a 1 year high of $27.54.

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.