Flputnam Investment Management Co. Reduces Stake in Schwab US Large-Cap ETF $SCHX

Flputnam Investment Management Co. lowered its holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 51.7% during the fourth quarter, HoldingsChannel reports. The fund owned 270,198 shares of the company’s stock after selling 289,560 shares during the period. Flputnam Investment Management Co.’s holdings in Schwab US Large-Cap ETF were worth $7,271,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Measured Wealth Private Client Group LLC purchased a new position in shares of Schwab US Large-Cap ETF in the 3rd quarter valued at about $26,000. Optima Capital LLC purchased a new position in shares of Schwab US Large-Cap ETF in the 4th quarter valued at about $29,000. Ransom Advisory Ltd purchased a new position in shares of Schwab US Large-Cap ETF in the 4th quarter valued at about $40,000. First Command Advisory Services Inc. purchased a new position in shares of Schwab US Large-Cap ETF in the 3rd quarter valued at about $43,000. Finally, Lodestone Wealth Management LLC purchased a new position in shares of Schwab US Large-Cap ETF in the 4th quarter valued at about $50,000.

Schwab US Large-Cap ETF Stock Performance

SCHX opened at $29.52 on Thursday. Schwab US Large-Cap ETF has a one year low of $21.81 and a one year high of $29.59. The company has a market cap of $71.18 billion, a P/E ratio of 25.66 and a beta of 1.01. The business’s 50-day simple moving average is $27.55 and its 200-day simple moving average is $27.16.

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.