Downshift Financial LLC Trims Stock Holdings in Schwab US Large-Cap ETF $SCHX

Downshift Financial LLC lowered its stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 11.9% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 660,502 shares of the company’s stock after selling 89,544 shares during the quarter. Schwab US Large-Cap ETF accounts for 9.0% of Downshift Financial LLC’s portfolio, making the stock its 3rd biggest position. Downshift Financial LLC’s holdings in Schwab US Large-Cap ETF were worth $18,466,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bfsg LLC grew its holdings in Schwab US Large-Cap ETF by 0.8% in the 4th quarter. Bfsg LLC now owns 49,029 shares of the company’s stock worth $1,319,000 after acquiring an additional 374 shares during the last quarter. Revisor Wealth Management LLC raised its stake in shares of Schwab US Large-Cap ETF by 0.7% during the first quarter. Revisor Wealth Management LLC now owns 54,692 shares of the company’s stock valued at $1,402,000 after acquiring an additional 377 shares during the last quarter. Sound Stewardship LLC raised its stake in shares of Schwab US Large-Cap ETF by 2.6% during the fourth quarter. Sound Stewardship LLC now owns 14,789 shares of the company’s stock valued at $398,000 after acquiring an additional 381 shares during the last quarter. Traub Capital Management LLC boosted its holdings in shares of Schwab US Large-Cap ETF by 2.6% during the fourth quarter. Traub Capital Management LLC now owns 15,891 shares of the company’s stock worth $428,000 after purchasing an additional 400 shares during the period. Finally, Cadence Wealth Management LLC boosted its holdings in shares of Schwab US Large-Cap ETF by 2.9% during the fourth quarter. Cadence Wealth Management LLC now owns 14,389 shares of the company’s stock worth $387,000 after purchasing an additional 401 shares during the period.

Schwab US Large-Cap ETF Price Performance

NYSEARCA SCHX opened at $29.62 on Tuesday. The stock has a market capitalization of $72.15 billion, a PE ratio of 25.66 and a beta of 1.00. Schwab US Large-Cap ETF has a 1 year low of $24.47 and a 1 year high of $29.95. The business’s 50-day moving average is $29.14 and its 200 day moving average is $27.68.

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.