Towercrest Capital Management Sells 41,821 Shares of Schwab US Large-Cap ETF $SCHX

Towercrest Capital Management decreased its position in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 1.9% in the third quarter, Holdings Channel reports. The institutional investor owned 2,180,894 shares of the company’s stock after selling 41,821 shares during the period. Schwab US Large-Cap ETF accounts for about 9.3% of Towercrest Capital Management’s portfolio, making the stock its 2nd largest position. Towercrest Capital Management’s holdings in Schwab US Large-Cap ETF were worth $65,427,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of SCHX. Trust Co. of Vermont purchased a new stake in shares of Schwab US Large-Cap ETF during the 2nd quarter worth about $26,000. Toth Financial Advisory Corp purchased a new position in shares of Schwab US Large-Cap ETF in the 3rd quarter valued at about $27,000. Signature Resources Capital Management LLC increased its stake in shares of Schwab US Large-Cap ETF by 510.5% in the 1st quarter. Signature Resources Capital Management LLC now owns 1,337 shares of the company’s stock valued at $34,000 after purchasing an additional 1,118 shares in the last quarter. TOP Private Wealth LLC. acquired a new position in Schwab US Large-Cap ETF in the 2nd quarter worth about $42,000. Finally, Valued Wealth Advisors LLC raised its holdings in Schwab US Large-Cap ETF by 101.4% in the 1st quarter. Valued Wealth Advisors LLC now owns 1,704 shares of the company’s stock worth $44,000 after purchasing an additional 858 shares during the period.

Schwab US Large-Cap ETF Price Performance

NYSEARCA SCHX traded down $0.15 during trading hours on Friday, reaching $29.88. The company’s stock had a trading volume of 16,806,363 shares, compared to its average volume of 15,544,681. The firm has a market capitalization of $73.50 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01. The company’s 50-day moving average is $30.24 and its two-hundred day moving average is $29.47. Schwab US Large-Cap ETF has a 1-year low of $24.81 and a 1-year high of $30.79.

About Schwab US Large-Cap ETF

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.