Wealthspire Advisors LLC Sells 2,914,447 Shares of Schwab US Large-Cap ETF $SCHX

Wealthspire Advisors LLC lowered its position in Schwab US Large-Cap ETF (NYSEARCA:SCHXFree Report) by 50.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,816,409 shares of the company’s stock after selling 2,914,447 shares during the period. Wealthspire Advisors LLC owned 0.12% of Schwab US Large-Cap ETF worth $75,790,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in SCHX. IFC & Insurance Marketing Inc. acquired a new position in Schwab US Large-Cap ETF during the fourth quarter worth $25,000. Measured Wealth Private Client Group LLC acquired a new position in shares of Schwab US Large-Cap ETF during the third quarter valued at about $26,000. Optima Capital LLC bought a new stake in shares of Schwab US Large-Cap ETF during the fourth quarter worth about $29,000. Tidemark LLC increased its position in shares of Schwab US Large-Cap ETF by 474.3% during the fourth quarter. Tidemark LLC now owns 1,275 shares of the company’s stock worth $34,000 after acquiring an additional 1,053 shares in the last quarter. Finally, Ransom Advisory Ltd acquired a new stake in shares of Schwab US Large-Cap ETF in the 4th quarter worth about $40,000.

Schwab US Large-Cap ETF Stock Performance

Shares of NYSEARCA SCHX opened at $29.21 on Friday. The stock has a market cap of $70.44 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01. Schwab US Large-Cap ETF has a fifty-two week low of $23.50 and a fifty-two week high of $29.95. The firm’s 50-day simple moving average is $28.43 and its 200 day simple moving average is $27.41.

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.

Further Reading

Want to see what other hedge funds are holding SCHX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab US Large-Cap ETF (NYSEARCA:SCHXFree Report).

Institutional Ownership by Quarter for Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Receive News & Ratings for Schwab US Large-Cap ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab US Large-Cap ETF and related companies with MarketBeat.com's FREE daily email newsletter.