Schwab US Large-Cap ETF (NYSEARCA:SCHX) Shares Sold by BNP Paribas Financial Markets

BNP Paribas Financial Markets decreased its holdings in Schwab US Large-Cap ETF by 27.9% during the fourth quarter, according to the company’s recent Form 13F filing with the Securities & Exchange Commission. The institutional investor sold 25,002 shares, leaving them with 64,582 shares valued at $3,642,000.

Other institutional investors also made moves with Schwab US Large-Cap ETF. Providence Capital Advisors LLC acquired a new position, while Cordant Inc. and Northwest Financial Advisors increased their holdings. Additionally, Fortitude Family Office LLC and Life Planning Partners Inc. purchased new positions in the ETF.

Schwab US Large-Cap ETF’s stock opened at $62.99 on Wednesday, with a 1 year low of $48.31 and a high of $63.01. The firm has a market cap of $41.06 billion and a price-to-earnings ratio of 26.53.

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. The index includes the large-cap portion of the Dow Jones U.S. Total Stock Market Index.

In DailyBubble’s opinion, Schwab US Large-Cap ETF’s performance and the recent moves by institutional investors indicate confidence in the ETF’s potential for growth. Investors should keep an eye on how the ETF continues to perform in the market.