Waverly Advisors LLC Has $43.18 Million Position in Schwab US Large-Cap ETF $SCHX

Waverly Advisors LLC cut its stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 2.3% during the second quarter, HoldingsChannel.com reports. The firm owned 1,467,168 shares of the company’s stock after selling 34,243 shares during the period. Waverly Advisors LLC’s holdings in Schwab US Large-Cap ETF were worth $43,179,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHX. Trust Co. of Vermont purchased a new position in shares of Schwab US Large-Cap ETF during the 2nd quarter valued at $26,000. IFC & Insurance Marketing Inc. purchased a new stake in shares of Schwab US Large-Cap ETF during the 4th quarter worth about $25,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of Schwab US Large-Cap ETF during the 3rd quarter valued at about $26,000. Tidemark LLC grew its stake in shares of Schwab US Large-Cap ETF by 474.3% in the 4th quarter. Tidemark LLC now owns 1,275 shares of the company’s stock valued at $34,000 after buying an additional 1,053 shares in the last quarter. Finally, Signature Resources Capital Management LLC grew 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 buying an additional 1,118 shares in the last quarter.

Schwab US Large-Cap ETF Price Performance

SCHX traded down $0.17 during midday trading on Tuesday, hitting $30.19. 8,168,465 shares of the company’s stock traded hands, compared to its average volume of 16,285,109. The company has a market cap of $73.65 billion, a PE ratio of 25.66 and a beta of 1.00. The stock’s fifty day simple moving average is $29.88 and its 200-day simple moving average is $28.56. Schwab US Large-Cap ETF has a one year low of $24.81 and a one year high of $30.77.

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.