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

Parallel Advisors LLC lessened its stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 30.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 158,784 shares of the company’s stock after selling 69,631 shares during the quarter. Parallel Advisors LLC’s holdings in Schwab US Large-Cap ETF were worth $4,273,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of the stock. GEN Financial Management INC. increased its position in shares of Schwab US Large-Cap ETF by 24.5% during the 4th quarter. GEN Financial Management INC. now owns 895,830 shares of the company’s stock worth $24,107,000 after purchasing an additional 176,498 shares during the last quarter. Clayton Financial Group LLC increased its position in shares of Schwab US Large-Cap ETF by 154.6% during the 4th quarter. Clayton Financial Group LLC now owns 49,587 shares of the company’s stock worth $1,334,000 after purchasing an additional 30,112 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in shares of Schwab US Large-Cap ETF by 37.4% during the 4th quarter. Farther Finance Advisors LLC now owns 3,972,127 shares of the company’s stock worth $106,890,000 after acquiring an additional 1,081,148 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its holdings in shares of Schwab US Large-Cap ETF by 5.1% during the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 1,130,533 shares of the company’s stock worth $30,423,000 after acquiring an additional 55,088 shares during the last quarter. Finally, Fortis Capital Management LLC increased its holdings in shares of Schwab US Large-Cap ETF by 5.1% during the 3rd quarter. Fortis Capital Management LLC now owns 1,264,795 shares of the company’s stock worth $33,315,000 after acquiring an additional 61,505 shares during the last quarter.

Schwab US Large-Cap ETF Price Performance

Shares of Schwab US Large-Cap ETF stock opened at $29.05 on Friday. The business has a fifty day simple moving average of $28.07 and a two-hundred day simple moving average of $27.30. Schwab US Large-Cap ETF has a 1 year low of $21.81 and a 1 year high of $29.95. The company has a market capitalization of $70.05 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01.

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.