Planning Alternatives Ltd. ADV Trims Position in Schwab US Large-Cap ETF $SCHX

Planning Alternatives Ltd. ADV cut its holdings in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 4.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 354,436 shares of the company’s stock after selling 18,416 shares during the period. Schwab US Large-Cap ETF accounts for 1.2% of Planning Alternatives Ltd. ADV’s portfolio, making the stock its 12th biggest position. Planning Alternatives Ltd. ADV’s holdings in Schwab US Large-Cap ETF were worth $9,538,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in SCHX. Brighton Jones LLC increased its stake in shares of Schwab US Large-Cap ETF by 198.5% during the fourth quarter. Brighton Jones LLC now owns 211,330 shares of the company’s stock valued at $4,899,000 after buying an additional 140,539 shares during the period. Russell Investments Group Ltd. increased its stake in shares of Schwab US Large-Cap ETF by 33.3% during the second quarter. Russell Investments Group Ltd. now owns 62,112 shares of the company’s stock valued at $1,518,000 after buying an additional 15,522 shares during the period. First Trust Advisors LP purchased a new position in shares of Schwab US Large-Cap ETF during the second quarter valued at approximately $633,000. Baird Financial Group Inc. increased its stake in shares of Schwab US Large-Cap ETF by 25.1% during the second quarter. Baird Financial Group Inc. now owns 35,076 shares of the company’s stock valued at $857,000 after buying an additional 7,045 shares during the period. Finally, Ieq Capital LLC increased its stake in shares of Schwab US Large-Cap ETF by 9.1% during the second quarter. Ieq Capital LLC now owns 247,992 shares of the company’s stock valued at $6,061,000 after buying an additional 20,758 shares during the period.

Schwab US Large-Cap ETF Stock Performance

SCHX opened at $29.33 on Friday. Schwab US Large-Cap ETF has a 52-week low of $21.81 and a 52-week high of $29.46. The stock has a market capitalization of $70.72 billion, a PE ratio of 25.66 and a beta of 1.01. The stock’s 50 day moving average price is $27.35 and its 200-day moving average price is $27.10.

About Schwab US Large-Cap ETF

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.