Jacobi Capital Management LLC Sells 21,959 Shares of Schwab US Large-Cap ETF $SCHX

Jacobi Capital Management LLC decreased its holdings in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 3.0% in the 3rd quarter, HoldingsChannel reports. The firm owned 715,583 shares of the company’s stock after selling 21,959 shares during the period. Schwab US Large-Cap ETF makes up approximately 1.1% of Jacobi Capital Management LLC’s holdings, making the stock its 11th largest holding. Jacobi Capital Management LLC’s holdings in Schwab US Large-Cap ETF were worth $18,848,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bank of Montreal Can boosted its stake in Schwab US Large-Cap ETF by 6.0% in the 2nd quarter. Bank of Montreal Can now owns 202,214 shares of the company’s stock valued at $4,942,000 after purchasing an additional 11,420 shares during the period. Fortis Capital Advisors LLC lifted its holdings in shares of Schwab US Large-Cap ETF by 4.0% during the third quarter. Fortis Capital Advisors LLC now owns 1,370,889 shares of the company’s stock worth $36,109,000 after buying an additional 53,242 shares in the last quarter. B. Riley Wealth Advisors Inc. bought a new stake in shares of Schwab US Large-Cap ETF in the second quarter valued at about $2,266,000. Alpha Cubed Investments LLC boosted its position in shares of Schwab US Large-Cap ETF by 20.3% in the second quarter. Alpha Cubed Investments LLC now owns 13,115 shares of the company’s stock valued at $321,000 after acquiring an additional 2,214 shares during the period. Finally, Corient Private Wealth LLC grew its stake in shares of Schwab US Large-Cap ETF by 27.6% in the second quarter. Corient Private Wealth LLC now owns 6,051,561 shares of the company’s stock valued at $147,900,000 after acquiring an additional 1,308,534 shares in the last quarter.

Schwab US Large-Cap ETF Stock Performance

NYSEARCA:SCHX opened at $26.93 on Wednesday. Schwab US Large-Cap ETF has a 52 week low of $19.00 and a 52 week high of $27.54. The firm’s 50-day simple moving average is $27.13 and its 200 day simple moving average is $26.53. The firm has a market cap of $63.66 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01.

Schwab US Large-Cap ETF Company 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.