Schwab US Large-Cap ETF $SCHX Stake Lessened by Provident Wealth Management LLC

Provident Wealth Management LLC lessened its stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 27.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 775,958 shares of the company’s stock after selling 289,722 shares during the quarter. Schwab US Large-Cap ETF comprises about 8.6% of Provident Wealth Management LLC’s investment portfolio, making the stock its 3rd biggest holding. Provident Wealth Management LLC’s holdings in Schwab US Large-Cap ETF were worth $23,279,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. SigFig Wealth Management LLC raised its holdings in Schwab US Large-Cap ETF by 226.8% during the third quarter. SigFig Wealth Management LLC now owns 6,835,181 shares of the company’s stock worth $205,055,000 after purchasing an additional 4,743,566 shares in the last quarter. Financial Solutions Advisory Group Inc. bought a new position in Schwab US Large-Cap ETF during the 1st quarter valued at $70,778,000. Scarborough Advisors LLC bought a new position in Schwab US Large-Cap ETF during the 1st quarter valued at $60,491,000. Bangor Savings Bank bought a new position in Schwab US Large-Cap ETF during the 3rd quarter valued at $55,223,000. Finally, Sei Investments Co. boosted its stake in Schwab US Large-Cap ETF by 5.0% during the 1st quarter. Sei Investments Co. now owns 32,528,571 shares of the company’s stock valued at $834,033,000 after purchasing an additional 1,554,760 shares in the last quarter.

Schwab US Large-Cap ETF Stock Performance

Shares of SCHX stock opened at $30.23 on Wednesday. Schwab US Large-Cap ETF has a 1 year low of $24.81 and a 1 year high of $30.79. The stock has a market cap of $74.42 billion, a PE ratio of 25.66 and a beta of 1.01. The business’s fifty day moving average is $30.27 and its 200-day moving average is $29.40.

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.