Cardinal Point Capital Management ULC Trims Stock Holdings in Schwab US Large-Cap ETF $SCHX

Cardinal Point Capital Management ULC reduced its stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 97.4% during the third quarter, Holdings Channel reports. The institutional investor owned 10,068 shares of the company’s stock after selling 377,451 shares during the period. Cardinal Point Capital Management ULC’s holdings in Schwab US Large-Cap ETF were worth $264,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in SCHX. Bank of Montreal Can grew its holdings in Schwab US Large-Cap ETF by 6.0% during the 2nd quarter. Bank of Montreal Can now owns 202,214 shares of the company’s stock valued at $4,942,000 after buying an additional 11,420 shares in the last quarter. Fortis Capital Advisors LLC raised its position in shares of Schwab US Large-Cap ETF by 4.0% during the 3rd quarter. Fortis Capital Advisors LLC now owns 1,370,889 shares of the company’s stock valued at $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 2nd quarter valued at approximately $2,266,000. Corient Private Wealth LLC boosted its holdings in shares of Schwab US Large-Cap ETF by 27.6% in the 2nd quarter. Corient Private Wealth LLC now owns 6,051,561 shares of the company’s stock worth $147,900,000 after purchasing an additional 1,308,534 shares during the period. Finally, Alpha Cubed Investments LLC raised its holdings in Schwab US Large-Cap ETF by 20.3% during the 2nd quarter. Alpha Cubed Investments LLC now owns 13,115 shares of the company’s stock valued at $321,000 after buying an additional 2,214 shares during the period.

Schwab US Large-Cap ETF Stock Up 0.5%

SCHX stock opened at $27.38 on Tuesday. Schwab US Large-Cap ETF has a twelve month low of $19.00 and a twelve month high of $27.54. The stock has a market capitalization of $64.72 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01. The firm’s fifty day simple moving average is $27.13 and its two-hundred day simple moving average is $26.45.

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.