Schwab US Large-Cap ETF (NYSEARCA:SCHX) Shares Set to Split on Friday, October 11th

Shares of Schwab US Large-Cap ETF (NYSEARCA:SCHXFree Report) are going to split before the market opens on Friday, October 11th. The 3-1 split was announced on Wednesday, September 25th. The newly created shares will be distributed to shareholders after the closing bell on Thursday, October 10th.

Schwab US Large-Cap ETF Stock Performance

Shares of NYSEARCA:SCHX opened at $67.80 on Wednesday. The stock has a market capitalization of $44.20 billion, a price-to-earnings ratio of 26.53 and a beta of 1.02. Schwab US Large-Cap ETF has a 1-year low of $48.31 and a 1-year high of $67.92. The company has a 50 day moving average price of $65.61 and a 200 day moving average price of $63.77.

Institutional Trading of Schwab US Large-Cap ETF

A number of large investors have recently added to or reduced their stakes in the business. Clear Point Advisors Inc. boosted its stake in Schwab US Large-Cap ETF by 0.5% in the 1st quarter. Clear Point Advisors Inc. now owns 29,784 shares of the company’s stock worth $1,848,000 after purchasing an additional 160 shares during the period. Capital Performance Advisors LLP lifted its position in Schwab US Large-Cap ETF by 1.2% in the 1st quarter. Capital Performance Advisors LLP now owns 13,732 shares of the company’s stock worth $852,000 after buying an additional 167 shares in the last quarter. Ignite Planners LLC lifted its position in Schwab US Large-Cap ETF by 0.3% in the 3rd quarter. Ignite Planners LLC now owns 56,377 shares of the company’s stock worth $3,825,000 after buying an additional 170 shares in the last quarter. Transform Wealth LLC lifted its position in Schwab US Large-Cap ETF by 1.3% in the 4th quarter. Transform Wealth LLC now owns 12,911 shares of the company’s stock worth $728,000 after buying an additional 171 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its holdings in shares of Schwab US Large-Cap ETF by 0.5% during the 1st quarter. Janney Montgomery Scott LLC now owns 35,290 shares of the company’s stock valued at $2,190,000 after purchasing an additional 173 shares in the last quarter.

About Schwab US Large-Cap ETF

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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.

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