Schwab US Large-Cap ETF $SCHX Shares Sold by Tortoise Investment Management LLC

Tortoise Investment Management LLC trimmed its holdings in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 5.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 705,007 shares of the company’s stock after selling 37,363 shares during the quarter. Schwab US Large-Cap ETF accounts for approximately 1.7% of Tortoise Investment Management LLC’s portfolio, making the stock its 12th biggest position. Tortoise Investment Management LLC’s holdings in Schwab US Large-Cap ETF were worth $18,972,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Measured Wealth Private Client Group LLC acquired a new stake in shares of Schwab US Large-Cap ETF during the 3rd quarter worth about $26,000. Optima Capital LLC purchased a new position in Schwab US Large-Cap ETF during the 4th quarter valued at about $29,000. Ransom Advisory Ltd purchased a new position in Schwab US Large-Cap ETF during the 4th quarter valued at about $40,000. First Command Advisory Services Inc. purchased a new position in Schwab US Large-Cap ETF during the 3rd quarter valued at about $43,000. Finally, Grey Fox Wealth Advisors LLC purchased a new position in Schwab US Large-Cap ETF during the 3rd quarter valued at about $49,000.

Schwab US Large-Cap ETF Price Performance

Shares of Schwab US Large-Cap ETF stock opened at $29.03 on Tuesday. The business has a 50-day moving average of $27.16 and a 200 day moving average of $27.04. Schwab US Large-Cap ETF has a 12 month low of $21.81 and a 12 month high of $29.46. The stock has a market capitalization of $70.00 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01.

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. 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.