MAI Capital Management Sells 78,397 Shares of Schwab US Large-Cap ETF $SCHX

MAI Capital Management lessened its stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 6.0% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 1,224,113 shares of the company’s stock after selling 78,397 shares during the period. MAI Capital Management’s holdings in Schwab US Large-Cap ETF were worth $32,243,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Corient Private Wealth LLC lifted its holdings in shares of Schwab US Large-Cap ETF by 163.9% during the second quarter. Corient Private Wealth LLC now owns 12,518,206 shares of the company’s stock valued at $306,087,000 after acquiring an additional 7,775,179 shares during the period. Vantagepoint Investment Advisers LLC bought a new position in shares of Schwab US Large-Cap ETF in the third quarter valued at approximately $199,988,000. Betterment LLC boosted 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 acquiring an additional 5,524,085 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Schwab US Large-Cap ETF by 13.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 27,821,337 shares of the company’s stock worth $679,953,000 after acquiring an additional 3,342,325 shares in the last quarter. Finally, EP Wealth Advisors LLC grew its position in Schwab US Large-Cap ETF by 976.1% during the 2nd quarter. EP Wealth Advisors LLC now owns 3,142,472 shares of the company’s stock worth $76,802,000 after acquiring an additional 2,850,436 shares during the last quarter.

Schwab US Large-Cap ETF Price Performance

SCHX stock opened at $27.10 on Wednesday. The business has a fifty day moving average price of $27.14 and a 200 day moving average price of $26.60. Schwab US Large-Cap ETF has a fifty-two week low of $19.00 and a fifty-two week high of $27.54. The stock has a market capitalization of $64.06 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.