Wealthspire Advisors LLC Cuts Position in Schwab US Large-Cap ETF $SCHX

Wealthspire Advisors LLC cut its holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 50.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. 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’s holdings in Schwab US Large-Cap ETF were worth $75,790,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of SCHX. Corient Private Wealth LLC lifted its holdings in Schwab US Large-Cap ETF by 163.9% during the second quarter. Corient Private Wealth LLC now owns 12,518,206 shares of the company’s stock worth $306,087,000 after acquiring an additional 7,775,179 shares during the period. Fund Evaluation Group LLC grew its stake in Schwab US Large-Cap ETF by 32.4% in the 4th quarter. Fund Evaluation Group LLC now owns 9,492,565 shares of the company’s stock valued at $255,445,000 after purchasing an additional 2,325,216 shares during the period. Moneta Group Investment Advisors LLC increased its position 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 purchasing an additional 1,808,743 shares during the last quarter. Modern Wealth Management LLC increased its position in shares of Schwab US Large-Cap ETF by 3,179.2% during the 3rd quarter. Modern Wealth Management LLC now owns 1,815,186 shares of the company’s stock valued at $47,812,000 after purchasing an additional 1,759,832 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its stake 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 worth $775,405,000 after purchasing an additional 1,616,966 shares during the period.

Schwab US Large-Cap ETF Stock Performance

Shares of NYSEARCA:SCHX opened at $29.21 on Friday. The company has a market capitalization of $70.44 billion, a P/E ratio of 25.66 and a beta of 1.01. The company’s 50-day moving average is $28.43 and its 200 day moving average is $27.41. Schwab US Large-Cap ETF has a fifty-two week low of $23.50 and a fifty-two week 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.