Pinnacle Associates Ltd. Sells 710 Shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Pinnacle Associates Ltd. trimmed its holdings in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHXFree Report) by 2.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 24,649 shares of the company’s stock after selling 710 shares during the quarter. Pinnacle Associates Ltd.’s holdings in Schwab US Large-Cap ETF were worth $1,390,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Providence Capital Advisors LLC bought a new stake in shares of Schwab US Large-Cap ETF in the third quarter valued at about $26,000. PCA Investment Advisory Services Inc. bought a new stake in shares of Schwab US Large-Cap ETF in the second quarter valued at about $35,000. Baltimore Washington Financial Advisors Inc. bought a new stake in shares of Schwab US Large-Cap ETF in the first quarter valued at about $10,728,000. Stonebridge Capital Advisors LLC bought a new stake in shares of Schwab US Large-Cap ETF in the fourth quarter valued at about $32,000. Finally, Citigroup Inc. raised its holdings in shares of Schwab US Large-Cap ETF by 832.9% in the first quarter. Citigroup Inc. now owns 737 shares of the company’s stock valued at $40,000 after acquiring an additional 658 shares in the last quarter.

Schwab US Large-Cap ETF Price Performance

SCHX stock opened at $61.97 on Tuesday. The business has a 50-day moving average price of $59.87 and a 200 day moving average price of $55.52. The company has a market capitalization of $39.67 billion, a P/E ratio of 18.28 and a beta of 1.01. Schwab US Large-Cap ETF has a 1-year low of $47.57 and a 1-year high of $62.24.

Schwab US Large-Cap ETF Profile

(Free Report)

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.

Recommended Stories

Institutional Ownership by Quarter for Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Receive News & Ratings for Schwab US Large-Cap ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab US Large-Cap ETF and related companies with MarketBeat.com's FREE daily email newsletter.