Valicenti Advisory Services Inc. Trims Stock Holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Valicenti Advisory Services Inc. reduced its holdings in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 6.0% during the second quarter, Holdings Channel reports. The fund owned 430,577 shares of the company’s stock after selling 27,685 shares during the period. Schwab US Large-Cap ETF comprises about 7.1% of Valicenti Advisory Services Inc.’s investment portfolio, making the stock its 2nd biggest position. Valicenti Advisory Services Inc.’s holdings in Schwab US Large-Cap ETF were worth $22,549,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Contravisory Investment Management Inc. grew its holdings in shares of Schwab US Large-Cap ETF by 26.5% in the second quarter. Contravisory Investment Management Inc. now owns 983 shares of the company’s stock worth $51,000 after purchasing an additional 206 shares during the last quarter. Braun Bostich & Associates Inc. grew its holdings in shares of Schwab US Large-Cap ETF by 3.8% in the first quarter. Braun Bostich & Associates Inc. now owns 5,635 shares of the company’s stock worth $273,000 after purchasing an additional 208 shares during the last quarter. Freestone Capital Holdings LLC grew its holdings in shares of Schwab US Large-Cap ETF by 1.1% in the first quarter. Freestone Capital Holdings LLC now owns 19,848 shares of the company’s stock worth $960,000 after purchasing an additional 208 shares during the last quarter. Rainsberger Wealth Advisors Inc. grew its holdings in shares of Schwab US Large-Cap ETF by 0.6% in the first quarter. Rainsberger Wealth Advisors Inc. now owns 36,017 shares of the company’s stock worth $1,742,000 after purchasing an additional 210 shares during the last quarter. Finally, Clear Investment Research LLC grew its holdings in shares of Schwab US Large-Cap ETF by 0.5% in the fourth quarter. Clear Investment Research LLC now owns 40,939 shares of the company’s stock worth $1,848,000 after purchasing an additional 214 shares during the last quarter.

Schwab US Large-Cap ETF Stock Performance

SCHX stock traded down $0.12 on Tuesday, reaching $52.55. The company’s stock had a trading volume of 186,361 shares, compared to its average volume of 1,579,662. The business has a fifty day simple moving average of $52.96 and a two-hundred day simple moving average of $50.42. Schwab US Large-Cap ETF has a 12-month low of $41.20 and a 12-month high of $54.38. The firm has a market cap of $33.64 billion, a PE ratio of 18.28 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.