Schwab US Large-Cap ETF $SCHX Stake Decreased by Cornerstone Wealth Group LLC

Cornerstone Wealth Group LLC reduced its holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 1.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,331,049 shares of the company’s stock after selling 26,173 shares during the period. Schwab US Large-Cap ETF makes up 2.4% of Cornerstone Wealth Group LLC’s holdings, making the stock its 7th biggest position. Cornerstone Wealth Group LLC’s holdings in Schwab US Large-Cap ETF were worth $32,531,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Crews Bank & Trust purchased a new position in shares of Schwab US Large-Cap ETF in the second quarter worth about $26,000. S.A. Mason LLC purchased a new position in Schwab US Large-Cap ETF during the second quarter worth about $29,000. Orion Capital Management LLC purchased a new position in Schwab US Large-Cap ETF during the first quarter worth about $27,000. Bridge Generations Wealth Management LLC raised its stake in Schwab US Large-Cap ETF by 238.7% during the first quarter. Bridge Generations Wealth Management LLC now owns 1,592 shares of the company’s stock worth $35,000 after purchasing an additional 1,122 shares during the period. Finally, Quest 10 Wealth Builders Inc. raised its stake in Schwab US Large-Cap ETF by 864.5% during the first quarter. Quest 10 Wealth Builders Inc. now owns 1,630 shares of the company’s stock worth $36,000 after purchasing an additional 1,461 shares during the period.

Schwab US Large-Cap ETF Price Performance

Shares of SCHX stock opened at $26.27 on Tuesday. The firm’s 50-day moving average is $25.84 and its two-hundred day moving average is $24.09. Schwab US Large-Cap ETF has a 12 month low of $19.00 and a 12 month high of $26.68. The company has a market capitalization of $60.88 billion, a PE ratio of 25.66 and a beta of 1.01.

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.