US Bancorp DE Trims Stake in Schwab US Large-Cap ETF $SCHX

US Bancorp DE lessened its holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 2.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 201,085,961 shares of the company’s stock after selling 4,565,004 shares during the quarter. Schwab US Large-Cap ETF makes up about 6.3% of US Bancorp DE’s investment portfolio, making the stock its largest holding. US Bancorp DE owned about 8.51% of Schwab US Large-Cap ETF worth $5,411,223,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Measured Wealth Private Client Group LLC bought a new position in shares of Schwab US Large-Cap ETF during the third quarter valued at approximately $26,000. Optima Capital LLC bought a new stake in shares of Schwab US Large-Cap ETF in the 4th quarter worth approximately $29,000. Ransom Advisory Ltd acquired a new position in Schwab US Large-Cap ETF during the 4th quarter valued at approximately $40,000. First Command Advisory Services Inc. bought a new position in Schwab US Large-Cap ETF during the 3rd quarter worth $43,000. Finally, Manning & Napier Advisors LLC grew its stake in Schwab US Large-Cap ETF by 31.4% during the 3rd quarter. Manning & Napier Advisors LLC now owns 1,693 shares of the company’s stock worth $45,000 after buying an additional 405 shares during the last quarter.

Schwab US Large-Cap ETF Price Performance

Shares of NYSEARCA SCHX opened at $28.02 on Thursday. The firm has a market capitalization of $67.53 billion, a PE ratio of 25.66 and a beta of 1.01. Schwab US Large-Cap ETF has a 1-year low of $21.40 and a 1-year high of $28.19. The business’s fifty day moving average price is $26.74 and its two-hundred day moving average price is $26.86.

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.