Schwab US Large-Cap ETF $SCHX is Alliance Wealth Management Group’s Largest Position

Alliance Wealth Management Group cut its position in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 1.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,212,231 shares of the company’s stock after selling 32,753 shares during the period. Schwab US Large-Cap ETF comprises 13.0% of Alliance Wealth Management Group’s portfolio, making the stock its largest holding. Alliance Wealth Management Group owned approximately 0.09% of Schwab US Large-Cap ETF worth $59,531,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Fortis Capital Advisors LLC raised its stake in Schwab US Large-Cap ETF by 4.0% during the 3rd quarter. Fortis Capital Advisors LLC now owns 1,370,889 shares of the company’s stock valued at $36,109,000 after purchasing an additional 53,242 shares during the period. B. Riley Wealth Advisors Inc. purchased a new position in shares of Schwab US Large-Cap ETF in the second quarter worth $2,266,000. Corient Private Wealth LLC lifted its holdings in shares of Schwab US Large-Cap ETF by 27.6% in the second quarter. Corient Private Wealth LLC now owns 6,051,561 shares of the company’s stock worth $147,900,000 after buying an additional 1,308,534 shares in the last quarter. GEN Financial Management INC. lifted its holdings in shares of Schwab US Large-Cap ETF by 24.5% in the fourth quarter. GEN Financial Management INC. now owns 895,830 shares of the company’s stock worth $24,107,000 after buying an additional 176,498 shares in the last quarter. Finally, Charles Schwab Trust Co lifted its holdings in shares of Schwab US Large-Cap ETF by 6.9% in the third quarter. Charles Schwab Trust Co now owns 4,164,209 shares of the company’s stock worth $109,685,000 after buying an additional 268,464 shares in the last quarter.

Schwab US Large-Cap ETF Stock Performance

SCHX stock opened at $26.00 on Wednesday. Schwab US Large-Cap ETF has a one year low of $19.30 and a one year high of $27.54. The company’s fifty day moving average price is $26.59 and its 200-day moving average price is $26.72. The company has a market capitalization of $62.30 billion, a PE ratio of 25.66 and a beta of 1.01.

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.