Schwab US Large-Cap ETF $SCHX Shares Sold by Destination Wealth Management

Destination Wealth Management decreased its holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 2.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 954,376 shares of the company’s stock after selling 27,652 shares during the period. Destination Wealth Management’s holdings in Schwab US Large-Cap ETF were worth $25,138,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the business. Clark Capital Management Group Inc. increased its holdings in shares of Schwab US Large-Cap ETF by 143.4% in the third quarter. Clark Capital Management Group Inc. now owns 21,338 shares of the company’s stock valued at $562,000 after purchasing an additional 12,573 shares during the last quarter. Community Bank N.A. purchased a new stake in Schwab US Large-Cap ETF in the 3rd quarter valued at $119,000. Bank of America Corp DE grew its holdings in Schwab US Large-Cap ETF by 19.2% in the 3rd quarter. Bank of America Corp DE now owns 9,204,094 shares of the company’s stock valued at $242,436,000 after buying an additional 1,479,921 shares in the last quarter. Anchor Investment Management LLC increased its stake in shares of Schwab US Large-Cap ETF by 2.2% in the 3rd quarter. Anchor Investment Management LLC now owns 1,154,986 shares of the company’s stock worth $30,422,000 after acquiring an additional 24,431 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its stake in shares of Schwab US Large-Cap ETF by 3.8% in the 3rd quarter. Ameriprise Financial Inc. now owns 3,453,050 shares of the company’s stock worth $90,965,000 after acquiring an additional 127,217 shares during the last quarter.

Schwab US Large-Cap ETF Stock Down 0.6%

NYSEARCA SCHX opened at $26.10 on Monday. The business’s fifty day simple moving average is $27.09 and its 200-day simple moving average is $26.73. The firm has a market cap of $61.70 billion, a PE 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 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.