Schwab US Large-Cap ETF $SCHX Shares Sold by LPL Financial LLC

by · The Cerbat Gem

LPL Financial LLC reduced its position in Schwab US Large-Cap ETF (NYSEARCA:SCHX – Free Report) by 6.4% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 7,696,890 shares of the company’s stock after selling 522,670 shares during the quarter. LPL Financial LLC owned about 0.33% of Schwab US Large-Cap ETF worth $207,123,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of the company. Moneta Group Investment Advisors LLC increased its stake in Schwab US Large-Cap ETF by 5.5% in the 3rd quarter. Moneta Group Investment Advisors LLC now owns 34,779,046 shares of the company’s stock valued at $916,080,000 after buying an additional 1,808,743 shares during the period. HBK Sorce Advisory LLC increased its stake in Schwab US Large-Cap ETF by 1.3% in the 4th quarter. HBK Sorce Advisory LLC now owns 34,479,165 shares of the company’s stock valued at $939,212,000 after buying an additional 437,374 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in Schwab US Large-Cap ETF by 5.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 30,984,972 shares of the company’s stock valued at $833,806,000 after buying an additional 1,546,669 shares during the period. Sage Financial Group Inc. increased its stake in Schwab US Large-Cap ETF by 0.8% in the 3rd quarter. Sage Financial Group Inc. now owns 25,009,642 shares of the company’s stock valued at $658,754,000 after buying an additional 199,289 shares during the period. Finally, Captrust Financial Advisors increased its stake in Schwab US Large-Cap ETF by 1.5% in the 3rd quarter. Captrust Financial Advisors now owns 18,482,949 shares of the company’s stock valued at $486,841,000 after buying an additional 272,099 shares during the period.

Schwab US Large-Cap ETF Stock Performance

Shares of SCHX opened at $29.05 on Wednesday. The stock has a market capitalization of $70.05 billion, a P/E ratio of 25.66 and a beta of 1.01. The company’s fifty day moving average is $28.22 and its two-hundred day moving average is $27.35. Schwab US Large-Cap ETF has a 1 year low of $23.50 and a 1 year high of $29.95.

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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