LPL Financial LLC Trims Holdings in Schwab US Large-Cap ETF $SCHX

LPL Financial LLC trimmed its position in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 6.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 7,696,890 shares of the company’s stock after selling 522,670 shares during the period. LPL Financial LLC’s holdings in Schwab US Large-Cap ETF were worth $207,123,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SCHX. Measured Wealth Private Client Group LLC purchased a new position in Schwab US Large-Cap ETF in the 3rd quarter valued at about $26,000. Optima Capital LLC purchased a new position in Schwab US Large-Cap ETF in the 4th quarter valued at about $29,000. Tidemark LLC lifted its holdings in Schwab US Large-Cap ETF by 474.3% in the 4th quarter. Tidemark LLC now owns 1,275 shares of the company’s stock valued at $34,000 after purchasing an additional 1,053 shares in the last quarter. Ransom Advisory Ltd purchased a new position in Schwab US Large-Cap ETF in the 4th quarter valued at about $40,000. Finally, Lodestone Wealth Management LLC purchased a new position in Schwab US Large-Cap ETF in the 4th quarter valued at about $50,000.

Schwab US Large-Cap ETF Trading Down 0.3%

NYSEARCA:SCHX opened at $29.05 on Wednesday. The firm has a market cap of $70.05 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01. The company’s 50-day moving average is $28.22 and its two-hundred day moving average is $27.35. Schwab US Large-Cap ETF has a 12-month low of $23.50 and a 12-month high of $29.95.

About Schwab US Large-Cap ETF

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.