TCI Wealth Advisors Inc. Reduces Stock Position in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

TCI Wealth Advisors Inc. decreased its stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 63.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,803 shares of the company’s stock after selling 11,746 shares during the period. TCI Wealth Advisors Inc.’s holdings in Schwab US Large-Cap ETF were worth $422,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. GAMMA Investing LLC increased its holdings in shares of Schwab US Large-Cap ETF by 139.8% in the 1st quarter. GAMMA Investing LLC now owns 494 shares of the company’s stock worth $31,000 after buying an additional 288 shares during the last quarter. Pineridge Advisors LLC acquired a new position in shares of Schwab US Large-Cap ETF during the fourth quarter valued at about $31,000. Able Wealth Management LLC acquired a new stake in shares of Schwab US Large-Cap ETF during the fourth quarter worth about $32,000. PSI Advisors LLC acquired a new stake in Schwab US Large-Cap ETF during the first quarter worth about $36,000. Finally, Cordant Inc. increased its holdings in Schwab US Large-Cap ETF by 133.9% in the 4th quarter. Cordant Inc. now owns 594 shares of the company’s stock worth $34,000 after acquiring an additional 340 shares in the last quarter.

Schwab US Large-Cap ETF Stock Up 0.7 %

SCHX traded up $0.46 on Friday, reaching $66.21. The company had a trading volume of 1,402,662 shares, compared to its average volume of 1,701,773. The stock has a market capitalization of $43.16 billion, a PE ratio of 26.53 and a beta of 1.02. Schwab US Large-Cap ETF has a 1 year low of $48.31 and a 1 year high of $66.58. The stock has a 50-day moving average price of $63.55 and a 200-day moving average price of $60.82.

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.