Clearwater Capital Advisors LLC Reduces Stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Clearwater Capital Advisors LLC lowered its stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 1.4% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 301,438 shares of the company’s stock after selling 4,145 shares during the period. Schwab US Large-Cap ETF comprises about 1.9% of Clearwater Capital Advisors LLC’s holdings, making the stock its 13th largest position. Clearwater Capital Advisors LLC’s holdings in Schwab US Large-Cap ETF were worth $17,001,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Providence Capital Advisors LLC bought a new stake in Schwab US Large-Cap ETF during the third quarter valued at about $26,000. Cordant Inc. raised its holdings in Schwab US Large-Cap ETF by 133.9% during the 4th quarter. Cordant Inc. now owns 594 shares of the company’s stock valued at $34,000 after buying an additional 340 shares during the period. Centerpoint Advisors LLC bought a new stake in Schwab US Large-Cap ETF in the third quarter worth $42,000. Gradient Investments LLC raised its position in Schwab US Large-Cap ETF by 71.5% in the 3rd quarter. Gradient Investments LLC now owns 988 shares of the company’s stock worth $50,000 after purchasing an additional 412 shares during the period. Finally, Fortitude Family Office LLC purchased a new position in Schwab US Large-Cap ETF during the 4th quarter valued at $51,000.

Schwab US Large-Cap ETF Stock Performance

SCHX stock traded up $0.33 during midday trading on Thursday, reaching $61.61. The company’s stock had a trading volume of 845,948 shares, compared to its average volume of 1,799,385. The stock has a fifty day simple moving average of $60.78 and a two-hundred day simple moving average of $57.29. The firm has a market capitalization of $39.98 billion, a price-to-earnings ratio of 25.47 and a beta of 1.02. Schwab US Large-Cap ETF has a 1 year low of $48.22 and a 1 year high of $62.24.

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.