Schwab US Large-Cap ETF $SCHX Shares Sold by Lowe Brockenbrough & Co. Inc.

Lowe Brockenbrough & Co. Inc. cut its stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 2.4% in the fourth quarter, HoldingsChannel reports. The fund owned 945,011 shares of the company’s stock after selling 23,659 shares during the period. Schwab US Large-Cap ETF accounts for approximately 1.3% of Lowe Brockenbrough & Co. Inc.’s investment portfolio, making the stock its 16th largest holding. Lowe Brockenbrough & Co. Inc.’s holdings in Schwab US Large-Cap ETF were worth $25,431,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of SCHX. Corient Private Wealth LLC lifted its holdings in Schwab US Large-Cap ETF by 163.9% in the second quarter. Corient Private Wealth LLC now owns 12,518,206 shares of the company’s stock valued at $306,087,000 after acquiring an additional 7,775,179 shares during the period. Moneta Group Investment Advisors LLC lifted its holdings in Schwab US Large-Cap ETF by 5.5% in the third quarter. Moneta Group Investment Advisors LLC now owns 34,779,046 shares of the company’s stock valued at $916,080,000 after acquiring an additional 1,808,743 shares during the period. Modern Wealth Management LLC lifted its holdings in Schwab US Large-Cap ETF by 3,179.2% in the third quarter. Modern Wealth Management LLC now owns 1,815,186 shares of the company’s stock valued at $47,812,000 after acquiring an additional 1,759,832 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in Schwab US Large-Cap ETF by 5.8% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 29,438,303 shares of the company’s stock valued at $775,405,000 after acquiring an additional 1,616,966 shares during the period. Finally, Bank of America Corp DE lifted its holdings in Schwab US Large-Cap ETF by 19.2% in the third quarter. Bank of America Corp DE now owns 9,204,094 shares of the company’s stock valued at $242,436,000 after acquiring an additional 1,479,921 shares during the period.

Schwab US Large-Cap ETF Price Performance

Shares of SCHX stock opened at $29.05 on Friday. The company has a market cap of $70.05 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01. The stock has a 50 day simple moving average of $28.07 and a 200-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.

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.