Axxcess Wealth Management LLC Lowers Stock Holdings in Schwab US Large-Cap ETF $SCHX

Axxcess Wealth Management LLC cut its position in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 9.5% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 169,595 shares of the company’s stock after selling 17,768 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Schwab US Large-Cap ETF were worth $4,348,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of SCHX. IFC & Insurance Marketing Inc. acquired a new stake in Schwab US Large-Cap ETF during the 4th quarter worth approximately $25,000. Measured Wealth Private Client Group LLC purchased a new position in Schwab US Large-Cap ETF in the 3rd quarter valued at approximately $26,000. Optima Capital LLC acquired a new position in shares of Schwab US Large-Cap ETF in the fourth quarter worth $29,000. Tidemark LLC grew its stake in shares of Schwab US Large-Cap ETF by 474.3% in the fourth quarter. Tidemark LLC now owns 1,275 shares of the company’s stock worth $34,000 after acquiring an additional 1,053 shares in the last quarter. Finally, Acumen Wealth Advisors LLC acquired a new position in shares of Schwab US Large-Cap ETF in the fourth quarter worth $39,000.

Schwab US Large-Cap ETF Trading Down 0.3%

Schwab US Large-Cap ETF stock opened at $29.39 on Thursday. The firm has a market capitalization of $71.61 billion, a P/E ratio of 25.66 and a beta of 1.00. Schwab US Large-Cap ETF has a twelve month low of $24.47 and a twelve month high of $29.95. The stock’s fifty day simple moving average is $29.20 and its 200-day simple moving average is $27.72.

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.