Alliance Wealth Management Group Sells 35,873 Shares of Schwab US Large-Cap ETF $SCHX

Alliance Wealth Management Group trimmed its stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 1.6% in the 1st quarter, HoldingsChannel reports. The firm 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 12.2% of Alliance Wealth Management Group’s portfolio, making the stock its biggest position. Alliance Wealth Management Group’s holdings in Schwab US Large-Cap ETF were worth $55,802,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in SCHX. Clayton Financial Group LLC boosted its position in shares of Schwab US Large-Cap ETF by 154.6% in the fourth quarter. Clayton Financial Group LLC now owns 49,587 shares of the company’s stock worth $1,334,000 after buying an additional 30,112 shares during the period. GEN Financial Management INC. increased its holdings in shares of 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 purchasing an additional 176,498 shares during the period. Farther Finance Advisors LLC lifted its position in shares of Schwab US Large-Cap ETF by 37.4% in the fourth quarter. Farther Finance Advisors LLC now owns 3,972,127 shares of the company’s stock worth $106,890,000 after purchasing an additional 1,081,148 shares in the last quarter. Rede Wealth LLC purchased a new stake in shares of Schwab US Large-Cap ETF in the fourth quarter worth approximately $855,000. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its holdings in shares of Schwab US Large-Cap ETF by 5.1% during the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 1,130,533 shares of the company’s stock worth $30,423,000 after purchasing an additional 55,088 shares during the period.

Schwab US Large-Cap ETF Stock Performance

Shares of SCHX opened at $29.49 on Wednesday. The company’s 50 day moving average price is $29.17 and its 200 day moving average price is $27.70. 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 capitalization of $71.83 billion, a PE ratio of 25.66 and a beta of 1.00.

Schwab US Large-Cap ETF 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.