Schneider Downs Wealth Management Advisors LP Raises Holdings in Schwab US Large-Cap ETF $SCHX

Schneider Downs Wealth Management Advisors LP lifted its stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 2.8% during the second quarter, Holdings Channel.com reports. The firm owned 1,550,228 shares of the company’s stock after acquiring an additional 41,957 shares during the period. Schwab US Large-Cap ETF accounts for about 5.7% of Schneider Downs Wealth Management Advisors LP’s portfolio, making the stock its 5th biggest position. Schneider Downs Wealth Management Advisors LP’s holdings in Schwab US Large-Cap ETF were worth $37,888,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. US Bancorp DE raised its stake in shares of Schwab US Large-Cap ETF by 5.2% during the first quarter. US Bancorp DE now owns 217,201,393 shares of the company’s stock valued at $4,795,807,000 after purchasing an additional 10,782,297 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in Schwab US Large-Cap ETF by 17.8% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 24,479,012 shares of the company’s stock worth $540,497,000 after acquiring an additional 3,701,133 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its position in Schwab US Large-Cap ETF by 17.7% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 19,566,506 shares of the company’s stock worth $484,662,000 after acquiring an additional 2,942,434 shares in the last quarter. Cerity Partners LLC raised its position in Schwab US Large-Cap ETF by 1.2% in the first quarter. Cerity Partners LLC now owns 18,682,304 shares of the company’s stock worth $412,505,000 after acquiring an additional 221,544 shares in the last quarter. Finally, Diversified Enterprises LLC raised its position in Schwab US Large-Cap ETF by 5.7% in the second quarter. Diversified Enterprises LLC now owns 16,260,904 shares of the company’s stock worth $397,416,000 after acquiring an additional 873,214 shares in the last quarter.

Schwab US Large-Cap ETF Trading Up 0.9%

Shares of Schwab US Large-Cap ETF stock opened at $26.81 on Friday. The company’s 50-day moving average price is $26.05 and its two-hundred day moving average price is $24.42. Schwab US Large-Cap ETF has a 52 week low of $19.00 and a 52 week high of $26.86. The stock has a market cap of $62.20 billion, a PE ratio of 25.66 and a beta of 1.01.

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.