Sims Investment Management LLC Sells 114,340 Shares of Schwab US Large-Cap ETF $SCHX

Sims Investment Management LLC trimmed its position in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 3.3% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,306,092 shares of the company’s stock after selling 114,340 shares during the quarter. Schwab US Large-Cap ETF makes up about 31.1% of Sims Investment Management LLC’s portfolio, making the stock its biggest holding. Sims Investment Management LLC owned 0.14% of Schwab US Large-Cap ETF worth $84,768,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in SCHX. Moneta Group Investment Advisors LLC grew its position in Schwab US Large-Cap ETF by 3.0% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 35,831,024 shares of the company’s stock valued at $964,213,000 after buying an additional 1,051,978 shares during the period. HBK Sorce Advisory LLC increased its holdings in Schwab US Large-Cap ETF by 1.3% in the fourth quarter. HBK Sorce Advisory LLC now owns 34,479,165 shares of the company’s stock valued at $939,212,000 after buying an additional 437,374 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of Schwab US Large-Cap ETF by 5.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 30,984,972 shares of the company’s stock worth $833,806,000 after acquiring an additional 1,546,669 shares during the period. Sage Financial Group Inc. raised its position in shares of Schwab US Large-Cap ETF by 0.8% in the third quarter. Sage Financial Group Inc. now owns 25,009,642 shares of the company’s stock worth $658,754,000 after acquiring an additional 199,289 shares during the period. Finally, Captrust Financial Advisors raised its position in shares of Schwab US Large-Cap ETF by 5.6% in the fourth quarter. Captrust Financial Advisors now owns 19,522,489 shares of the company’s stock worth $525,350,000 after acquiring an additional 1,039,540 shares during the period.

Schwab US Large-Cap ETF Stock Down 0.1%

SCHX stock opened at $28.88 on Friday. Schwab US Large-Cap ETF has a 52-week low of $24.08 and a 52-week high of $29.95. The firm has a market cap of $69.64 billion, a P/E ratio of 25.66 and a beta of 1.01. The company’s 50-day simple moving average is $28.94 and its 200-day simple moving average is $27.56.

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.