LPL Financial LLC Acquires 4,762,550 Shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX)

LPL Financial LLC lifted its stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 211.7% in the fourth quarter, Holdings Channel.com reports. The fund owned 7,012,430 shares of the company’s stock after purchasing an additional 4,762,550 shares during the period. LPL Financial LLC’s holdings in Schwab US Large-Cap ETF were worth $162,548,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. US Bancorp DE increased its holdings in Schwab US Large-Cap ETF by 902.4% during the 4th quarter. US Bancorp DE now owns 206,419,096 shares of the company’s stock worth $4,784,795,000 after acquiring an additional 185,825,669 shares during the period. Sei Investments Co. grew its position in shares of Schwab US Large-Cap ETF by 184.7% during the 4th quarter. Sei Investments Co. now owns 35,164,430 shares of the company’s stock valued at $815,114,000 after purchasing an additional 22,812,367 shares in the last quarter. HBK Sorce Advisory LLC grew its position in shares of Schwab US Large-Cap ETF by 202.2% during the 4th quarter. HBK Sorce Advisory LLC now owns 32,139,846 shares of the company’s stock valued at $745,002,000 after purchasing an additional 21,503,265 shares in the last quarter. Sage Financial Group Inc. increased its holdings in shares of Schwab US Large-Cap ETF by 197.7% in the fourth quarter. Sage Financial Group Inc. now owns 24,865,286 shares of the company’s stock worth $576,377,000 after purchasing an additional 16,511,474 shares during the period. Finally, Diversified Enterprises LLC raised its position in shares of Schwab US Large-Cap ETF by 275.0% in the fourth quarter. Diversified Enterprises LLC now owns 14,875,742 shares of the company’s stock worth $344,820,000 after buying an additional 10,909,001 shares in the last quarter.

Schwab US Large-Cap ETF Trading Up 1.8 %

Shares of SCHX opened at $22.79 on Tuesday. Schwab US Large-Cap ETF has a 12-month low of $19.50 and a 12-month high of $24.31. The company has a market cap of $51.28 billion, a PE ratio of 24.44 and a beta of 1.03. The stock has a 50-day moving average price of $23.40 and a 200-day moving average price of $23.21.

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.