Schwab US Large-Cap ETF $SCHX Shares Sold by Strategic Equity Management

Strategic Equity Management lowered its stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 6.5% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 702,186 shares of the company’s stock after selling 49,104 shares during the quarter. Schwab US Large-Cap ETF comprises about 6.9% of Strategic Equity Management’s holdings, making the stock its 4th biggest position. Strategic Equity Management’s holdings in Schwab US Large-Cap ETF were worth $18,496,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Corient Private Wealth LLC raised its position in Schwab US Large-Cap ETF by 163.9% in the second quarter. Corient Private Wealth LLC now owns 12,518,206 shares of the company’s stock worth $306,087,000 after acquiring an additional 7,775,179 shares in the last quarter. Vantagepoint Investment Advisers LLC acquired a new position in shares of Schwab US Large-Cap ETF in the 3rd quarter worth approximately $199,988,000. Betterment LLC raised its holdings in shares of Schwab US Large-Cap ETF by 41.8% in the 2nd quarter. Betterment LLC now owns 18,749,171 shares of the company’s stock worth $458,230,000 after purchasing an additional 5,524,085 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in Schwab US Large-Cap ETF by 13.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 27,821,337 shares of the company’s stock valued at $679,953,000 after purchasing an additional 3,342,325 shares during the last quarter. Finally, EP Wealth Advisors LLC boosted its holdings in Schwab US Large-Cap ETF by 976.1% during the second quarter. EP Wealth Advisors LLC now owns 3,142,472 shares of the company’s stock worth $76,802,000 after buying an additional 2,850,436 shares in the last quarter.

Schwab US Large-Cap ETF Stock Performance

Schwab US Large-Cap ETF stock opened at $27.24 on Friday. The firm has a market cap of $64.39 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01. Schwab US Large-Cap ETF has a 1 year low of $19.00 and a 1 year high of $27.54. The firm’s 50 day moving average price is $27.12 and its two-hundred day moving average price is $26.42.

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.