Red Door Wealth Management LLC Cuts Stake in Schwab US Large-Cap ETF $SCHX

Red Door Wealth Management LLC cut its position in Schwab US Large-Cap ETF (NYSEARCA:SCHX – Free Report) by 2.7% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 1,931,755 shares of the company’s stock after selling 53,777 shares during the quarter. Schwab US Large-Cap ETF accounts for 5.2% of Red Door Wealth Management LLC’s portfolio, making the stock its biggest holding. Red Door Wealth Management LLC’s holdings in Schwab US Large-Cap ETF were worth $49,530,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Clayton Financial Group LLC lifted its stake in shares of Schwab US Large-Cap ETF by 154.6% in the fourth quarter. Clayton Financial Group LLC now owns 49,587 shares of the company’s stock valued at $1,334,000 after buying an additional 30,112 shares in the last quarter. GEN Financial Management INC. raised its holdings in shares of Schwab US Large-Cap ETF by 24.5% in the 4th quarter. GEN Financial Management INC. now owns 895,830 shares of the company’s stock worth $24,107,000 after acquiring an additional 176,498 shares during the last quarter. Farther Finance Advisors LLC lifted its position in Schwab US Large-Cap ETF by 37.4% in the 4th quarter. Farther Finance Advisors LLC now owns 3,972,127 shares of the company’s stock valued at $106,890,000 after acquiring an additional 1,081,148 shares in the last quarter. Rede Wealth LLC acquired a new position in Schwab US Large-Cap ETF during the 4th quarter valued at about $855,000. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its stake in Schwab US Large-Cap ETF by 5.1% during the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 1,130,533 shares of the company’s stock valued at $30,423,000 after purchasing an additional 55,088 shares during the last quarter.

Schwab US Large-Cap ETF Price Performance

Shares of Schwab US Large-Cap ETF stock opened at $28.79 on Monday. Schwab US Large-Cap ETF has a 52 week low of $24.17 and a 52 week high of $29.95. The business has a 50 day moving average price of $28.96 and a 200-day moving average price of $27.58. The company has a market cap of $69.42 billion, a PE ratio of 25.66 and a beta of 1.01.

Schwab US Large-Cap ETF Profile

(Free Report)

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.

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