Legacy Wealth Management Inc Sells 61,369 Shares of Schwab US Large-Cap ETF $SCHX

Legacy Wealth Management Inc trimmed its position in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 2.6% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 2,282,257 shares of the company’s stock after selling 61,369 shares during the quarter. Schwab US Large-Cap ETF accounts for approximately 3.5% of Legacy Wealth Management Inc’s investment portfolio, making the stock its 10th largest holding. Legacy Wealth Management Inc’s holdings in Schwab US Large-Cap ETF were worth $60,115,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of SCHX. Crews Bank & Trust acquired a new position in shares of Schwab US Large-Cap ETF in the 2nd quarter worth approximately $26,000. Orion Capital Management LLC bought a new position in Schwab US Large-Cap ETF in the 1st quarter valued at $27,000. S.A. Mason LLC acquired a new position in Schwab US Large-Cap ETF in the second quarter worth $29,000. Moser Wealth Advisors LLC acquired a new position in Schwab US Large-Cap ETF in the second quarter worth $32,000. Finally, Mid American Wealth Advisory Group Inc. bought a new stake in shares of Schwab US Large-Cap ETF during the second quarter worth $33,000.

Schwab US Large-Cap ETF Stock Performance

Shares of NYSEARCA:SCHX opened at $26.88 on Friday. The business has a fifty day moving average of $26.69 and a 200-day moving average of $25.70. Schwab US Large-Cap ETF has a twelve month low of $19.00 and a twelve month high of $27.27. The firm has a market cap of $62.42 billion, a PE ratio of 25.66 and a beta of 1.01.

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.