JMG Financial Group Ltd. Has $231.37 Million Stock Position in Schwab US Large-Cap ETF $SCHX

JMG Financial Group Ltd. reduced its stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 3.3% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,784,010 shares of the company’s stock after selling 297,042 shares during the quarter. Schwab US Large-Cap ETF makes up approximately 6.6% of JMG Financial Group Ltd.’s investment portfolio, making the stock its 4th largest position. JMG Financial Group Ltd. owned approximately 0.38% of Schwab US Large-Cap ETF worth $231,371,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the stock. Corient Private Wealth LLC lifted its holdings in Schwab US Large-Cap ETF by 163.9% during the 2nd quarter. Corient Private Wealth LLC now owns 12,518,206 shares of the company’s stock valued at $306,087,000 after buying an additional 7,775,179 shares in the last quarter. Vantagepoint Investment Advisers LLC purchased a new position in shares of Schwab US Large-Cap ETF during the third quarter worth approximately $199,988,000. Betterment LLC increased its position in shares of Schwab US Large-Cap ETF by 41.8% during the second 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 period. Northwestern Mutual Wealth Management Co. raised its stake in shares of Schwab US Large-Cap ETF by 13.7% during the second 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 in the last quarter. Finally, EP Wealth Advisors LLC boosted its holdings in shares of Schwab US Large-Cap ETF by 976.1% in the second quarter. EP Wealth Advisors LLC now owns 3,142,472 shares of the company’s stock valued at $76,802,000 after purchasing an additional 2,850,436 shares during the period.

Schwab US Large-Cap ETF Stock Down 0.9%

Shares of NYSEARCA:SCHX opened at $26.83 on Wednesday. The business’s 50 day moving average is $27.17 and its 200 day moving average is $26.66. The stock has a market cap of $63.42 billion, a P/E ratio of 25.66 and a beta of 1.01. Schwab US Large-Cap ETF has a 52-week low of $19.00 and a 52-week high of $27.54.

Schwab US Large-Cap ETF 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.