Legacy Wealth Management LLC Sells 124,960 Shares of Schwab US Large-Cap ETF $SCHX

Legacy Wealth Management LLC lowered its stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 5.5% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 2,158,489 shares of the company’s stock after selling 124,960 shares during the period. Schwab US Large-Cap ETF accounts for approximately 3.3% of Legacy Wealth Management LLC’s holdings, making the stock its 9th biggest position. Legacy Wealth Management LLC’s holdings in Schwab US Large-Cap ETF were worth $63,524,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Farther Finance Advisors LLC raised its position in shares of Schwab US Large-Cap ETF by 37.4% during the fourth quarter. Farther Finance Advisors LLC now owns 3,972,127 shares of the company’s stock worth $106,890,000 after purchasing an additional 1,081,148 shares during the period. Rede Wealth LLC acquired a new position in shares of Schwab US Large-Cap ETF in the 4th quarter valued at $855,000. Steele Capital Management Inc. increased its stake in Schwab US Large-Cap ETF by 1.8% in the 4th quarter. Steele Capital Management Inc. now owns 3,985,073 shares of the company’s stock worth $107,238,000 after purchasing an additional 69,493 shares in the last quarter. Hantz Financial Services Inc. increased its stake in Schwab US Large-Cap ETF by 21.5% in the 4th quarter. Hantz Financial Services Inc. now owns 179,681 shares of the company’s stock worth $4,835,000 after purchasing an additional 31,774 shares in the last quarter. Finally, Merit Financial Group LLC increased its stake in Schwab US Large-Cap ETF by 71.3% in the 4th quarter. Merit Financial Group LLC now owns 725,392 shares of the company’s stock worth $19,520,000 after purchasing an additional 302,007 shares in the last quarter.

Schwab US Large-Cap ETF Stock Performance

NYSEARCA SCHX opened at $30.52 on Monday. Schwab US Large-Cap ETF has a 1 year low of $24.81 and a 1 year high of $30.63. The company has a market cap of $74.46 billion, a PE ratio of 25.66 and a beta of 1.00. The stock’s 50-day moving average price is $29.44 and its two-hundred day moving average price is $28.09.

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.