Schwab US Large-Cap ETF $SCHX is Richardson Capital Management LLC’s Largest Position

Richardson Capital Management LLC reduced its holdings in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 7.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,747,876 shares of the company’s stock after selling 137,374 shares during the quarter. Schwab US Large-Cap ETF accounts for 23.6% of Richardson Capital Management LLC’s portfolio, making the stock its largest position. Richardson Capital Management LLC owned about 0.07% of Schwab US Large-Cap ETF worth $47,035,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Measured Wealth Private Client Group LLC purchased a new position in shares of Schwab US Large-Cap ETF in the third quarter valued at $26,000. Optima Capital LLC purchased a new position in shares of Schwab US Large-Cap ETF in the fourth quarter valued at $29,000. Ransom Advisory Ltd purchased a new position in shares of Schwab US Large-Cap ETF in the fourth quarter valued at $40,000. First Command Advisory Services Inc. purchased a new position in shares of Schwab US Large-Cap ETF in the third quarter valued at $43,000. Finally, Manning & Napier Advisors LLC boosted its stake in shares of Schwab US Large-Cap ETF by 31.4% in the third quarter. Manning & Napier Advisors LLC now owns 1,693 shares of the company’s stock valued at $45,000 after purchasing an additional 405 shares during the period.

Schwab US Large-Cap ETF Trading Up 0.1%

Shares of SCHX stock opened at $28.06 on Thursday. The company has a market capitalization of $67.63 billion, a PE ratio of 25.66 and a beta of 1.01. The firm has a fifty day simple moving average of $26.74 and a 200-day simple moving average of $26.86. Schwab US Large-Cap ETF has a twelve month low of $21.81 and a twelve month high of $28.19.

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.