Schwab US Large-Cap ETF $SCHX Position Reduced by BCS Wealth Management

BCS Wealth Management cut its holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 49.6% in the 1st quarter, HoldingsChannel.com reports. The firm owned 678,434 shares of the company’s stock after selling 666,366 shares during the period. Schwab US Large-Cap ETF comprises approximately 3.6% of BCS Wealth Management’s portfolio, making the stock its 2nd largest holding. BCS Wealth Management’s holdings in Schwab US Large-Cap ETF were worth $17,395,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Brighton Jones LLC grew its position in Schwab US Large-Cap ETF by 198.5% during the 4th quarter. Brighton Jones LLC now owns 211,330 shares of the company’s stock worth $4,899,000 after acquiring an additional 140,539 shares during the last quarter. Russell Investments Group Ltd. lifted its position in Schwab US Large-Cap ETF by 33.3% in the second quarter. Russell Investments Group Ltd. now owns 62,112 shares of the company’s stock valued at $1,518,000 after purchasing an additional 15,522 shares during the last quarter. First Trust Advisors LP purchased a new stake in shares of Schwab US Large-Cap ETF during the second quarter valued at approximately $633,000. Baird Financial Group Inc. boosted its stake in shares of Schwab US Large-Cap ETF by 25.1% during the second quarter. Baird Financial Group Inc. now owns 35,076 shares of the company’s stock valued at $857,000 after purchasing an additional 7,045 shares during the period. Finally, Ieq Capital LLC boosted its stake in shares of Schwab US Large-Cap ETF by 9.1% during the second quarter. Ieq Capital LLC now owns 247,992 shares of the company’s stock valued at $6,061,000 after purchasing an additional 20,758 shares during the period.

Schwab US Large-Cap ETF Stock Performance

Shares of Schwab US Large-Cap ETF stock opened at $28.99 on Wednesday. Schwab US Large-Cap ETF has a 52-week low of $23.96 and a 52-week high of $29.95. The company’s 50 day moving average price is $28.87 and its 200-day moving average price is $27.54. The stock has a market capitalization of $69.91 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01.

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.