Schwab US Large-Cap ETF $SCHX Shares Sold by McAdam LLC

McAdam LLC trimmed its position in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 11.2% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 9,181,848 shares of the company’s stock after selling 1,157,756 shares during the period. Schwab US Large-Cap ETF accounts for about 12.5% of McAdam LLC’s investment portfolio, making the stock its biggest holding. McAdam LLC owned about 0.40% of Schwab US Large-Cap ETF worth $202,735,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Asset Management Group Inc. raised its position in shares of Schwab US Large-Cap ETF by 0.3% during the first quarter. Asset Management Group Inc. now owns 175,006 shares of the company’s stock valued at $3,864,000 after buying an additional 452 shares during the last quarter. Ascent Group LLC increased its stake in Schwab US Large-Cap ETF by 1.7% in the first quarter. Ascent Group LLC now owns 28,911 shares of the company’s stock valued at $638,000 after acquiring an additional 470 shares during the period. Wedgewood Investors Inc. PA increased its stake in Schwab US Large-Cap ETF by 0.5% in the first quarter. Wedgewood Investors Inc. PA now owns 102,235 shares of the company’s stock valued at $2,257,000 after acquiring an additional 477 shares during the period. Simon Quick Advisors LLC increased its stake in Schwab US Large-Cap ETF by 0.6% in the first quarter. Simon Quick Advisors LLC now owns 87,273 shares of the company’s stock valued at $1,927,000 after acquiring an additional 522 shares during the period. Finally, Cynosure Group LLC increased its stake in Schwab US Large-Cap ETF by 0.3% in the first quarter. Cynosure Group LLC now owns 186,508 shares of the company’s stock valued at $4,118,000 after acquiring an additional 562 shares during the period.

Schwab US Large-Cap ETF Stock Up 0.5%

NYSEARCA SCHX opened at $25.91 on Wednesday. The stock has a market cap of $59.50 billion, a P/E ratio of 25.66 and a beta of 1.01. Schwab US Large-Cap ETF has a twelve month low of $19.00 and a twelve month high of $25.91. The company’s 50-day simple moving average is $25.16 and its 200 day simple moving average is $23.48.

About Schwab US Large-Cap ETF

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.