Schwab US Large-Cap ETF (NYSEARCA:SCHX) Reaches New 1-Year Low – Should You Sell?

Schwab US Large-Cap ETF (NYSEARCA:SCHX)’s share price reached a new 52-week low on Monday . The stock traded as low as $19.00 and last traded at $19.06, with a volume of 2557823 shares traded. The stock had previously closed at $19.95.

Schwab US Large-Cap ETF Stock Down 0.7 %

The firm’s 50-day simple moving average is $23.07 and its 200-day simple moving average is $23.21. The firm has a market capitalization of $44.78 billion, a PE ratio of 24.34 and a beta of 1.03.

Schwab US Large-Cap ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th were paid a $0.0668 dividend. The ex-dividend date was Wednesday, March 26th.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. US Bancorp DE grew its position in shares of Schwab US Large-Cap ETF by 902.4% in the 4th quarter. US Bancorp DE now owns 206,419,096 shares of the company’s stock worth $4,784,795,000 after buying an additional 185,825,669 shares during the last quarter. Sei Investments Co. lifted its position in shares of Schwab US Large-Cap ETF by 184.7% in the 4th quarter. Sei Investments Co. now owns 35,164,430 shares of the company’s stock worth $815,114,000 after purchasing an additional 22,812,367 shares during the period. HBK Sorce Advisory LLC boosted its stake in shares of Schwab US Large-Cap ETF by 202.2% during the 4th quarter. HBK Sorce Advisory LLC now owns 32,139,846 shares of the company’s stock valued at $745,002,000 after purchasing an additional 21,503,265 shares in the last quarter. Sage Financial Group Inc. increased its position in shares of Schwab US Large-Cap ETF by 197.7% during the fourth quarter. Sage Financial Group Inc. now owns 24,865,286 shares of the company’s stock valued at $576,377,000 after buying an additional 16,511,474 shares during the period. Finally, Cerity Partners LLC raised its stake in Schwab US Large-Cap ETF by 196.9% in the fourth quarter. Cerity Partners LLC now owns 18,460,760 shares of the company’s stock worth $428,582,000 after buying an additional 12,242,859 shares in the last quarter.

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.