Standpoint Asset Management LLC Has $72.43 Million Stock Holdings in Schwab US Large-Cap ETF $SCHX

Standpoint Asset Management LLC lessened its holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 15.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,749,700 shares of the company’s stock after selling 492,400 shares during the period. Schwab US Large-Cap ETF comprises 16.4% of Standpoint Asset Management LLC’s holdings, making the stock its 3rd biggest holding. Standpoint Asset Management LLC owned approximately 0.12% of Schwab US Large-Cap ETF worth $72,427,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in SCHX. Sei Investments Co. lifted its stake in Schwab US Large-Cap ETF by 3.4% in the 2nd quarter. Sei Investments Co. now owns 35,969,139 shares of the company’s stock valued at $879,088,000 after purchasing an additional 1,194,355 shares during the last quarter. HBK Sorce Advisory LLC increased its holdings in shares of Schwab US Large-Cap ETF by 5.3% during the third quarter. HBK Sorce Advisory LLC now owns 35,294,611 shares of the company’s stock worth $940,954,000 after buying an additional 1,768,344 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake 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 valued at $679,953,000 after acquiring an additional 3,342,325 shares during the last quarter. Cerity Partners LLC boosted its holdings in shares of Schwab US Large-Cap ETF by 0.7% during the 3rd quarter. Cerity Partners LLC now owns 18,864,225 shares of the company’s stock valued at $496,884,000 after acquiring an additional 133,206 shares in the last quarter. Finally, Betterment LLC grew its position in Schwab US Large-Cap ETF by 41.8% during 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 during the last quarter.

Schwab US Large-Cap ETF Trading Up 0.5%

Schwab US Large-Cap ETF stock opened at $27.38 on Tuesday. The stock has a 50-day moving average price of $27.13 and a two-hundred day moving average price of $26.45. Schwab US Large-Cap ETF has a 12 month low of $19.00 and a 12 month high of $27.54. The company has a market capitalization of $64.72 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. 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.