GEN Financial Management INC. Trims Holdings in Schwab US Large-Cap ETF $SCHX

GEN Financial Management INC. lessened its holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 11.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 719,332 shares of the company’s stock after selling 89,536 shares during the quarter. Schwab US Large-Cap ETF makes up approximately 16.3% of GEN Financial Management INC.’s investment portfolio, making the stock its 2nd largest position. GEN Financial Management INC.’s holdings in Schwab US Large-Cap ETF were worth $18,947,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. HRC Wealth Management LLC increased its position in Schwab US Large-Cap ETF by 0.7% in the 3rd quarter. HRC Wealth Management LLC now owns 1,257,438 shares of the company’s stock valued at $33,121,000 after acquiring an additional 9,347 shares during the period. World Investment Advisors grew its stake in shares of Schwab US Large-Cap ETF by 0.7% in the third quarter. World Investment Advisors now owns 1,646,734 shares of the company’s stock worth $43,375,000 after purchasing an additional 11,074 shares during the last quarter. Successful Portfolios LLC increased its holdings in Schwab US Large-Cap ETF by 4.7% in the third quarter. Successful Portfolios LLC now owns 87,481 shares of the company’s stock valued at $2,304,000 after purchasing an additional 3,910 shares during the period. DAVENPORT & Co LLC raised its position in Schwab US Large-Cap ETF by 34.6% during the 3rd quarter. DAVENPORT & Co LLC now owns 18,184 shares of the company’s stock worth $479,000 after purchasing an additional 4,678 shares during the last quarter. Finally, Crescent Sterling Ltd. raised its position in Schwab US Large-Cap ETF by 9.4% during the 3rd quarter. Crescent Sterling Ltd. now owns 9,920 shares of the company’s stock worth $261,000 after purchasing an additional 850 shares during the last quarter.

Schwab US Large-Cap ETF Trading Up 0.3%

Shares of SCHX opened at $27.25 on Friday. The stock’s 50-day moving average price is $26.76 and its two-hundred day moving average price is $25.78. Schwab US Large-Cap ETF has a 12 month low of $19.00 and a 12 month high of $27.27. The company has a market capitalization of $63.28 billion, a PE 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.