American Trust Sells 602,311 Shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX)

American Trust lessened its holdings in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 82.6% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 127,018 shares of the company’s stock after selling 602,311 shares during the quarter. Schwab US Large-Cap ETF comprises approximately 0.7% of American Trust’s portfolio, making the stock its 18th biggest holding. American Trust’s holdings in Schwab US Large-Cap ETF were worth $7,883,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SCHX. Clear Point Advisors Inc. boosted its position in shares of Schwab US Large-Cap ETF by 0.5% in the first quarter. Clear Point Advisors Inc. now owns 29,784 shares of the company’s stock valued at $1,848,000 after acquiring an additional 160 shares during the period. Capital Performance Advisors LLP raised its stake in Schwab US Large-Cap ETF by 1.2% in the first quarter. Capital Performance Advisors LLP now owns 13,732 shares of the company’s stock valued at $852,000 after purchasing an additional 167 shares in the last quarter. Transform Wealth LLC raised its stake in Schwab US Large-Cap ETF by 1.3% in the fourth quarter. Transform Wealth LLC now owns 12,911 shares of the company’s stock valued at $728,000 after purchasing an additional 171 shares in the last quarter. Connecticut Wealth Management LLC raised its stake in Schwab US Large-Cap ETF by 3.7% in the first quarter. Connecticut Wealth Management LLC now owns 4,827 shares of the company’s stock valued at $300,000 after purchasing an additional 173 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its stake in Schwab US Large-Cap ETF by 0.5% in the first quarter. Janney Montgomery Scott LLC now owns 35,290 shares of the company’s stock valued at $2,190,000 after purchasing an additional 173 shares in the last quarter.

Schwab US Large-Cap ETF Stock Performance

SCHX traded down $1.24 on Friday, reaching $62.99. The company had a trading volume of 1,953,875 shares, compared to its average volume of 1,661,062. The business has a 50 day simple moving average of $64.36 and a 200 day simple moving average of $61.70. The company has a market cap of $41.06 billion, a price-to-earnings ratio of 26.53 and a beta of 1.02. Schwab US Large-Cap ETF has a 52-week low of $48.31 and a 52-week high of $66.83.

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.