Brand Asset Management Group Inc. Trims Holdings in Schwab US Large-Cap ETF $SCHX

Brand Asset Management Group Inc. lowered its stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 6.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 445,522 shares of the company’s stock after selling 32,954 shares during the period. Schwab US Large-Cap ETF accounts for about 3.4% of Brand Asset Management Group Inc.’s investment portfolio, making the stock its 8th largest position. Brand Asset Management Group Inc.’s holdings in Schwab US Large-Cap ETF were worth $11,989,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Focus Partners Advisor Solutions LLC grew its holdings in shares of Schwab US Large-Cap ETF by 78.7% in the fourth quarter. Focus Partners Advisor Solutions LLC now owns 55,792 shares of the company’s stock valued at $1,501,000 after purchasing an additional 24,575 shares in the last quarter. Howard Bailey Securities LLC purchased a new position in Schwab US Large-Cap ETF during the fourth quarter worth $469,000. TIAA Trust National Association boosted its stake in Schwab US Large-Cap ETF by 0.5% during the fourth quarter. TIAA Trust National Association now owns 123,284 shares of the company’s stock worth $3,318,000 after buying an additional 592 shares during the period. Cerity Partners LLC boosted its stake in Schwab US Large-Cap ETF by 0.7% during the fourth quarter. Cerity Partners LLC now owns 18,990,659 shares of the company’s stock worth $511,039,000 after buying an additional 126,434 shares during the period. Finally, Franklin Resources Inc. boosted its stake in Schwab US Large-Cap ETF by 6.5% during the fourth quarter. Franklin Resources Inc. now owns 40,439 shares of the company’s stock worth $1,088,000 after buying an additional 2,468 shares during the period.

Schwab US Large-Cap ETF Stock Down 0.3%

NYSEARCA SCHX opened at $29.05 on Wednesday. The company has a fifty day moving average of $28.22 and a two-hundred day moving average of $27.35. The firm has a market capitalization of $70.05 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01. Schwab US Large-Cap ETF has a 52 week low of $23.50 and a 52 week high of $29.95.

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.