Schwab US Large-Cap ETF $SCHX Shares Sold by Novare Capital Management LLC

Novare Capital Management LLC reduced its holdings in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 52.4% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 34,844 shares of the company’s stock after selling 38,434 shares during the period. Novare Capital Management LLC’s holdings in Schwab US Large-Cap ETF were worth $938,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Measured Wealth Private Client Group LLC purchased a new stake in Schwab US Large-Cap ETF during the 3rd quarter worth approximately $26,000. Optima Capital LLC purchased a new stake in Schwab US Large-Cap ETF during the 4th quarter worth approximately $29,000. Ransom Advisory Ltd purchased a new stake in Schwab US Large-Cap ETF during the 4th quarter worth approximately $40,000. First Command Advisory Services Inc. purchased a new stake in Schwab US Large-Cap ETF during the 3rd quarter worth approximately $43,000. Finally, Manning & Napier Advisors LLC increased its stake in Schwab US Large-Cap ETF by 31.4% during the 3rd quarter. Manning & Napier Advisors LLC now owns 1,693 shares of the company’s stock worth $45,000 after buying an additional 405 shares during the period.

Schwab US Large-Cap ETF Stock Down 1.3%

Shares of SCHX opened at $29.04 on Friday. Schwab US Large-Cap ETF has a fifty-two week low of $21.81 and a fifty-two week high of $29.46. The firm’s 50 day moving average price is $27.11 and its 200 day moving average price is $27.03. The company has a market cap of $70.03 billion, a P/E 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.