Advisory Services & Investments LLC Sells 1,762 Shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Advisory Services & Investments LLC recently reduced its holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 25.1% in the 1st quarter, according to their most recent filing with the Securities & Exchange Commission. They sold 1,762 shares, leaving them with 5,248 shares valued at $326,000.

Other hedge funds also made changes to their holdings of the company during the same period. Dumont & Blake Investment Advisors LLC acquired a new stake in Schwab US Large-Cap ETF, while D.B. Root & Company LLC, Red Door Wealth Management LLC, Cornerstone Wealth Group LLC, and Richardson Capital Management LLC all increased their positions in the company.

On Monday, SCHX stock opened at $64.25, trading down 0.4%. The stock has a 50-day moving average of $62.45 and a 200-day moving average of $60.16. The company has a market capitalization of $41.88 billion, a P/E ratio of 26.53, and a beta of 1.02.

The goal of Schwab U.S. Large-Cap ETF is to track the total return of the Dow Jones U.S. Large-Cap Total Stock Market Index. This index includes the large-cap portion of the Dow Jones U.S. Total Stock Market Index. The components are ranked 1-750 by full market capitalization.

In DailyBubble’s opinion, the recent changes in holdings and trading activity of Schwab US Large-Cap ETF indicate continued interest and investment in the company. Investors should keep an eye on how these developments may impact the stock’s performance in the future.