Schwab US Large-Cap ETF $SCHX Shares Sold by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC reduced its position in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 5.6% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,218,139 shares of the company’s stock after selling 486,780 shares during the quarter. Schwab US Large-Cap ETF accounts for about 2.4% of Prime Capital Investment Advisors LLC’s holdings, making the stock its 8th largest holding. Prime Capital Investment Advisors LLC’s holdings in Schwab US Large-Cap ETF were worth $246,544,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the company. Legacy Private Trust Co. purchased a new position in shares of Schwab US Large-Cap ETF in the third quarter valued at about $10,825,000. HB Wealth Management LLC raised its stake in shares of Schwab US Large-Cap ETF by 2.6% during the second quarter. HB Wealth Management LLC now owns 3,146,255 shares of the company’s stock valued at $92,594,000 after acquiring an additional 78,921 shares during the last quarter. Lido Advisors LLC raised its stake in shares of Schwab US Large-Cap ETF by 5.7% during the first quarter. Lido Advisors LLC now owns 363,701 shares of the company’s stock valued at $9,327,000 after acquiring an additional 19,671 shares during the last quarter. Western Wealth Management LLC boosted its holdings in shares of Schwab US Large-Cap ETF by 102.6% during the first quarter. Western Wealth Management LLC now owns 249,040 shares of the company’s stock worth $6,385,000 after purchasing an additional 126,095 shares during the period. Finally, Cornerstone Advisors Asset Management LLC boosted its holdings in shares of Schwab US Large-Cap ETF by 23.4% during the second quarter. Cornerstone Advisors Asset Management LLC now owns 3,695,022 shares of the company’s stock worth $108,744,000 after purchasing an additional 700,586 shares during the period.

Schwab US Large-Cap ETF Stock Performance

Shares of NYSEARCA SCHX traded up $0.12 during trading hours on Tuesday, hitting $30.25. The company’s stock had a trading volume of 7,221,738 shares, compared to its average volume of 15,522,970. The stock has a market cap of $74.48 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01. Schwab US Large-Cap ETF has a 12 month low of $24.81 and a 12 month high of $30.79. The business has a 50-day simple moving average of $30.28 and a 200-day simple moving average of $29.37.

Schwab US Large-Cap ETF Company 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.