Schwab US Large-Cap ETF $SCHX Stock Position Lifted by Standpoint Asset Management LLC

Standpoint Asset Management LLC grew its holdings in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 7.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,764,500 shares of the company’s stock after acquiring an additional 200,200 shares during the quarter. Schwab US Large-Cap ETF accounts for approximately 16.1% of Standpoint Asset Management LLC’s investment portfolio, making the stock its 3rd largest position. Standpoint Asset Management LLC’s holdings in Schwab US Large-Cap ETF were worth $82,935,000 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 the stock. Legacy Private Trust Co. bought a new stake in shares of Schwab US Large-Cap ETF during the 3rd quarter valued at approximately $10,825,000. HB Wealth Management LLC lifted its stake in Schwab US Large-Cap ETF by 2.6% in the 2nd quarter. HB Wealth Management LLC now owns 3,146,255 shares of the company’s stock valued at $92,594,000 after purchasing an additional 78,921 shares during the last quarter. Lido Advisors LLC lifted its stake in Schwab US Large-Cap ETF by 5.7% in the 1st quarter. Lido Advisors LLC now owns 363,701 shares of the company’s stock valued at $9,327,000 after purchasing an additional 19,671 shares during the last quarter. Western Wealth Management LLC boosted its position in Schwab US Large-Cap ETF by 102.6% in the first quarter. Western Wealth Management LLC now owns 249,040 shares of the company’s stock valued at $6,385,000 after buying an additional 126,095 shares in the last quarter. Finally, Cornerstone Advisors Asset Management LLC boosted its position in Schwab US Large-Cap ETF by 23.4% in the second quarter. Cornerstone Advisors Asset Management LLC now owns 3,695,022 shares of the company’s stock valued at $108,744,000 after buying an additional 700,586 shares in the last quarter.

Schwab US Large-Cap ETF Trading Down 1.2%

Schwab US Large-Cap ETF stock traded down $0.35 during mid-day trading on Friday, reaching $30.00. The company had a trading volume of 15,554,356 shares, compared to its average volume of 15,584,735. The business has a fifty day simple moving average of $30.29 and a 200 day simple moving average of $29.31. The company has a market cap of $73.81 billion, a P/E ratio of 25.66 and a beta of 1.01. Schwab US Large-Cap ETF has a fifty-two week low of $24.81 and a fifty-two week high of $30.79.

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.