Gray Wealth Management Inc. Cuts Stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Gray Wealth Management Inc. lessened its holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 10.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,319 shares of the company’s stock after selling 710 shares during the quarter. Gray Wealth Management Inc.’s holdings in Schwab US Large-Cap ETF were worth $356,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the business. Tempus Wealth Planning LLC lifted its stake in shares of Schwab US Large-Cap ETF by 0.6% in the 3rd quarter. Tempus Wealth Planning LLC now owns 75,547 shares of the company’s stock valued at $3,823,000 after acquiring an additional 446 shares during the last quarter. Fusion Capital LLC increased its stake in Schwab US Large-Cap ETF by 4.8% in the 4th quarter. Fusion Capital LLC now owns 6,205 shares of the company’s stock worth $350,000 after purchasing an additional 285 shares during the period. Grant GrossMendelsohn LLC lifted its position in Schwab US Large-Cap ETF by 32.5% in the fourth quarter. Grant GrossMendelsohn LLC now owns 25,606 shares of the company’s stock valued at $1,480,000 after purchasing an additional 6,278 shares during the last quarter. Geometric Wealth Advisors purchased a new stake in shares of Schwab US Large-Cap ETF during the fourth quarter valued at approximately $203,000. Finally, Investors Research Corp grew its holdings in shares of Schwab US Large-Cap ETF by 3.6% in the third quarter. Investors Research Corp now owns 158,046 shares of the company’s stock worth $7,997,000 after purchasing an additional 5,456 shares during the last quarter.

Schwab US Large-Cap ETF Stock Performance

Shares of NYSEARCA SCHX traded down $0.17 during mid-day trading on Thursday, hitting $59.16. The stock had a trading volume of 1,917,286 shares, compared to its average volume of 1,863,485. The business has a 50 day moving average price of $60.64 and a two-hundred day moving average price of $56.35. Schwab US Large-Cap ETF has a 1 year low of $47.57 and a 1 year high of $62.24. The firm has a market cap of $38.33 billion, a P/E ratio of 25.60 and a beta of 1.02.

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.