Lowe Brockenbrough & Co. Inc. Cuts Stake in Schwab US Large-Cap ETF $SCHX

Lowe Brockenbrough & Co. Inc. reduced its stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 2.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 945,011 shares of the company’s stock after selling 23,659 shares during the quarter. Schwab US Large-Cap ETF comprises approximately 1.3% of Lowe Brockenbrough & Co. Inc.’s holdings, making the stock its 16th largest position. Lowe Brockenbrough & Co. Inc.’s holdings in Schwab US Large-Cap ETF were worth $25,431,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Bfsg LLC lifted its position in shares of Schwab US Large-Cap ETF by 0.8% during the fourth quarter. Bfsg LLC now owns 49,029 shares of the company’s stock worth $1,319,000 after purchasing an additional 374 shares during the last quarter. Sound Stewardship LLC increased its stake in shares of Schwab US Large-Cap ETF by 2.6% during the fourth quarter. Sound Stewardship LLC now owns 14,789 shares of the company’s stock valued at $398,000 after buying an additional 381 shares during the period. Traub Capital Management LLC increased its stake in shares of Schwab US Large-Cap ETF by 2.6% during the fourth quarter. Traub Capital Management LLC now owns 15,891 shares of the company’s stock valued at $428,000 after buying an additional 400 shares during the period. Cadence Wealth Management LLC increased its stake in shares of Schwab US Large-Cap ETF by 2.9% during the fourth quarter. Cadence Wealth Management LLC now owns 14,389 shares of the company’s stock valued at $387,000 after buying an additional 401 shares during the period. Finally, Goldstein Advisors LLC increased its stake in shares of Schwab US Large-Cap ETF by 1.5% during the fourth quarter. Goldstein Advisors LLC now owns 26,484 shares of the company’s stock valued at $713,000 after buying an additional 401 shares during the period.

Schwab US Large-Cap ETF Trading Down 2.6%

Shares of Schwab US Large-Cap ETF stock opened at $29.05 on Friday. The firm has a market cap of $70.05 billion, a P/E ratio of 25.66 and a beta of 1.01. Schwab US Large-Cap ETF has a 12 month low of $21.81 and a 12 month high of $29.95. The stock’s fifty day moving average price is $28.07 and its 200-day moving average price is $27.30.

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.