Planning Alternatives Ltd. ADV Lowers Position in Schwab US Large-Cap ETF $SCHX

Planning Alternatives Ltd. ADV lowered its holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 4.9% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 354,436 shares of the company’s stock after selling 18,416 shares during the period. Schwab US Large-Cap ETF makes up 1.2% of Planning Alternatives Ltd. ADV’s investment portfolio, making the stock its 12th largest position. Planning Alternatives Ltd. ADV’s holdings in Schwab US Large-Cap ETF were worth $9,538,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Moneta Group Investment Advisors LLC raised its holdings in shares of Schwab US Large-Cap ETF by 5.5% during 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 in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Schwab US Large-Cap ETF by 5.8% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 29,438,303 shares of the company’s stock valued at $775,405,000 after buying an additional 1,616,966 shares in the last quarter. Sage Financial Group Inc. raised its holdings in shares of Schwab US Large-Cap ETF by 0.8% during 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 in the last quarter. Captrust Financial Advisors raised its holdings in shares of Schwab US Large-Cap ETF by 1.5% during 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 in the last quarter. Finally, Diversified Enterprises LLC raised its holdings in shares of Schwab US Large-Cap ETF by 2.9% during the 4th quarter. Diversified Enterprises LLC now owns 16,962,165 shares of the company’s stock valued at $456,452,000 after buying an additional 480,959 shares in the last quarter.

Schwab US Large-Cap ETF Trading Up 0.4%

Shares of NYSEARCA SCHX opened at $29.33 on Friday. The stock has a market cap of $70.72 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01. Schwab US Large-Cap ETF has a 1-year low of $21.81 and a 1-year high of $29.46. The stock’s 50-day moving average is $27.35 and its 200 day moving average is $27.10.

Schwab US Large-Cap ETF 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. 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.