NewEdge Advisors LLC Sells 50,943 Shares of Schwab US Large-Cap ETF $SCHX

NewEdge Advisors LLC trimmed its position in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 11.4% during the 1st quarter, Holdings Channel.com reports. The firm owned 395,392 shares of the company’s stock after selling 50,943 shares during the period. NewEdge Advisors LLC’s holdings in Schwab US Large-Cap ETF were worth $10,138,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Bank of America Corp DE increased its stake in shares of Schwab US Large-Cap ETF by 11.7% in the 1st quarter. Bank of America Corp DE now owns 10,076,451 shares of the company’s stock worth $258,360,000 after acquiring an additional 1,054,612 shares in the last quarter. Cassady Wealth & Retirement Planning LLC lifted its position in Schwab US Large-Cap ETF by 1.2% during the 1st quarter. Cassady Wealth & Retirement Planning LLC now owns 46,879 shares of the company’s stock valued at $1,326,000 after acquiring an additional 564 shares during the period. Arkadios Wealth Advisors boosted its stake in Schwab US Large-Cap ETF by 67.2% during the first quarter. Arkadios Wealth Advisors now owns 66,179 shares of the company’s stock worth $1,697,000 after acquiring an additional 26,589 shares in the last quarter. Royal Bank of Canada boosted its stake in Schwab US Large-Cap ETF by 9.0% during the first quarter. Royal Bank of Canada now owns 1,922,851 shares of the company’s stock worth $49,302,000 after acquiring an additional 159,192 shares in the last quarter. Finally, KCM Investment Advisors LLC grew its holdings in Schwab US Large-Cap ETF by 1.3% in the first quarter. KCM Investment Advisors LLC now owns 56,237 shares of the company’s stock worth $1,442,000 after purchasing an additional 738 shares during the period.

Schwab US Large-Cap ETF Stock Performance

Shares of NYSEARCA SCHX opened at $29.25 on Friday. Schwab US Large-Cap ETF has a fifty-two week low of $24.52 and a fifty-two week high of $29.95. The company has a 50 day simple moving average of $29.37 and a two-hundred day simple moving average of $27.97. The company has a market capitalization of $71.33 billion, a price-to-earnings ratio of 25.66 and a beta of 1.00.

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.