Schwab US Large-Cap ETF $SCHX Stake Trimmed by Cornerstone Wealth Advisors Inc.

Cornerstone Wealth Advisors Inc. lowered its stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 2.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 246,977 shares of the company’s stock after selling 6,466 shares during the quarter. Schwab US Large-Cap ETF makes up 1.6% of Cornerstone Wealth Advisors Inc.’s investment portfolio, making the stock its 11th largest holding. Cornerstone Wealth Advisors Inc.’s holdings in Schwab US Large-Cap ETF were worth $6,036,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the stock. US Bancorp DE increased its stake in Schwab US Large-Cap ETF by 5.2% in the 1st quarter. US Bancorp DE now owns 217,201,393 shares of the company’s stock worth $4,795,807,000 after purchasing an additional 10,782,297 shares in the last quarter. HBK Sorce Advisory LLC increased its stake in Schwab US Large-Cap ETF by 2.8% in the 1st quarter. HBK Sorce Advisory LLC now owns 33,030,817 shares of the company’s stock worth $729,320,000 after purchasing an additional 890,971 shares in the last quarter. Sage Financial Group Inc. lifted its holdings in shares of Schwab US Large-Cap ETF by 1.9% in the first quarter. Sage Financial Group Inc. now owns 25,345,106 shares of the company’s stock valued at $559,620,000 after purchasing an additional 479,820 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Schwab US Large-Cap ETF by 17.8% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 24,479,012 shares of the company’s stock valued at $540,497,000 after purchasing an additional 3,701,133 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Schwab US Large-Cap ETF by 17.7% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 19,566,506 shares of the company’s stock valued at $484,662,000 after purchasing an additional 2,942,434 shares in the last quarter.

Schwab US Large-Cap ETF Stock Up 0.3%

SCHX opened at $26.27 on Tuesday. The stock has a fifty day moving average of $25.57 and a 200-day moving average of $23.82. The firm has a market capitalization of $60.31 billion, a P/E ratio of 25.66 and a beta of 1.01. Schwab US Large-Cap ETF has a 12-month low of $19.00 and a 12-month high of $26.51.

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.