D.B. Root & Company LLC Sells 52,793 Shares of Schwab US Large-Cap ETF $SCHX

D.B. Root & Company LLC decreased its stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 3.6% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 1,397,618 shares of the company’s stock after selling 52,793 shares during the period. Schwab US Large-Cap ETF makes up 9.0% of D.B. Root & Company LLC’s holdings, making the stock its 2nd biggest holding. D.B. Root & Company LLC’s holdings in Schwab US Large-Cap ETF were worth $41,929,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Trust Co. of Vermont bought a new position in shares of Schwab US Large-Cap ETF in the second quarter worth about $26,000. Toth Financial Advisory Corp bought a new stake in shares of Schwab US Large-Cap ETF during the third quarter valued at approximately $27,000. Team Financial Group LLC acquired a new stake in shares of Schwab US Large-Cap ETF in the third quarter valued at approximately $30,000. Next Level Wealth Planning LLC acquired a new stake in shares of Schwab US Large-Cap ETF in the third quarter valued at approximately $32,000. Finally, TOP Private Wealth LLC. bought a new position in Schwab US Large-Cap ETF in the 2nd quarter worth approximately $42,000.

Schwab US Large-Cap ETF Price Performance

SCHX stock opened at $29.53 on Wednesday. The company has a 50 day moving average price of $30.12 and a 200 day moving average price of $28.79. Schwab US Large-Cap ETF has a fifty-two week low of $24.81 and a fifty-two week high of $30.79. The stock has a market capitalization of $72.81 billion, a PE ratio of 25.66 and a beta of 1.01.

Schwab US Large-Cap ETF 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.