Schwab US Large-Cap ETF (NYSEARCA:SCHX) Sees Large Decrease in Short Interest

Schwab US Large-Cap ETF (NYSEARCA:SCHX) was the target of a significant decrease in short interest in the month of March. As of March 13th, there was short interest totaling 1,825,460 shares, a decrease of 13.4% from the February 26th total of 2,108,964 shares. Based on an average trading volume of 30,910,554 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s shares are sold short.

Schwab US Large-Cap ETF Stock Up 0.8%

Schwab US Large-Cap ETF stock opened at $25.84 on Thursday. The business’s 50-day simple moving average is $26.70 and its 200 day simple moving average is $26.72. The stock has a market cap of $61.08 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01. Schwab US Large-Cap ETF has a 12-month low of $19.00 and a 12-month high of $27.54.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Brighton Jones LLC lifted its holdings in Schwab US Large-Cap ETF by 198.5% in the fourth quarter. Brighton Jones LLC now owns 211,330 shares of the company’s stock valued at $4,899,000 after buying an additional 140,539 shares during the period. Russell Investments Group Ltd. grew its holdings in Schwab US Large-Cap ETF by 33.3% during the 2nd quarter. Russell Investments Group Ltd. now owns 62,112 shares of the company’s stock worth $1,518,000 after acquiring an additional 15,522 shares during the period. Lido Advisors LLC raised its position in shares of Schwab US Large-Cap ETF by 8.9% during the 2nd quarter. Lido Advisors LLC now owns 209,602 shares of the company’s stock valued at $5,123,000 after acquiring an additional 17,175 shares during the last quarter. Edgestream Partners L.P. bought a new stake in shares of Schwab US Large-Cap ETF during the 2nd quarter valued at $652,000. Finally, Beacon Pointe Advisors LLC lifted its stake in shares of Schwab US Large-Cap ETF by 0.9% in the 2nd quarter. Beacon Pointe Advisors LLC now owns 6,043,038 shares of the company’s stock valued at $147,692,000 after purchasing an additional 52,341 shares during the period.

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. 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.