NewEdge Advisors LLC Has $10.42 Million Holdings in Schwab US Large-Cap ETF $SCHX

NewEdge Advisors LLC lessened its position in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 9.0% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 406,248 shares of the company’s stock after selling 40,087 shares during the quarter. NewEdge Advisors LLC’s holdings in Schwab US Large-Cap ETF were worth $10,416,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its position in Schwab US Large-Cap ETF by 198.5% during the fourth quarter. Brighton Jones LLC now owns 211,330 shares of the company’s stock valued at $4,899,000 after buying an additional 140,539 shares during the period. Russell Investments Group Ltd. boosted its position in Schwab US Large-Cap ETF by 33.3% during the 2nd quarter. Russell Investments Group Ltd. now owns 62,112 shares of the company’s stock worth $1,518,000 after acquiring an additional 15,522 shares during the period. First Trust Advisors LP purchased a new position in Schwab US Large-Cap ETF during the 2nd quarter valued at about $633,000. Baird Financial Group Inc. increased its holdings in shares of Schwab US Large-Cap ETF by 25.1% in the 2nd quarter. Baird Financial Group Inc. now owns 35,076 shares of the company’s stock valued at $857,000 after purchasing an additional 7,045 shares during the period. Finally, Ieq Capital LLC increased its holdings in shares of Schwab US Large-Cap ETF by 9.1% in the 2nd quarter. Ieq Capital LLC now owns 247,992 shares of the company’s stock valued at $6,061,000 after purchasing an additional 20,758 shares during the period.

Schwab US Large-Cap ETF Price Performance

NYSEARCA SCHX opened at $30.52 on Monday. The company has a 50 day simple moving average of $29.44 and a 200-day simple moving average of $28.09. The firm has a market capitalization of $74.46 billion, a price-to-earnings ratio of 25.66 and a beta of 1.00. Schwab US Large-Cap ETF has a 52-week low of $24.81 and a 52-week high of $30.63.

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.