Foundations Investment Advisors LLC Reduces Position in Schwab US Large-Cap ETF $SCHX

Foundations Investment Advisors LLC decreased its holdings in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 65.4% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 377,989 shares of the company’s stock after selling 714,439 shares during the quarter. Foundations Investment Advisors LLC’s holdings in Schwab US Large-Cap ETF were worth $9,956,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Crews Bank & Trust purchased a new stake in shares of Schwab US Large-Cap ETF during the second quarter valued at $26,000. DiNuzzo Private Wealth Inc. increased its stake in Schwab US Large-Cap ETF by 61.2% in the 3rd quarter. DiNuzzo Private Wealth Inc. now owns 1,093 shares of the company’s stock worth $28,000 after buying an additional 415 shares during the period. Moser Wealth Advisors LLC bought a new stake in Schwab US Large-Cap ETF during the 2nd quarter valued at about $32,000. Mid American Wealth Advisory Group Inc. purchased a new stake in Schwab US Large-Cap ETF in the 2nd quarter valued at about $33,000. Finally, Concord Wealth Partners bought a new position in Schwab US Large-Cap ETF in the 2nd quarter worth about $41,000.

Schwab US Large-Cap ETF Stock Performance

Shares of NYSEARCA:SCHX opened at $27.38 on Friday. The firm has a market cap of $64.72 billion, a PE ratio of 25.66 and a beta of 1.01. The firm’s 50 day simple moving average is $27.06 and its 200-day simple moving average is $26.31. Schwab US Large-Cap ETF has a one year low of $19.00 and a one year high of $27.54.

About Schwab US Large-Cap ETF

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.