Standpoint Asset Management LLC Has $65.75 Million Stock Position in Schwab US Large-Cap ETF $SCHX

Standpoint Asset Management LLC reduced its stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHXFree Report) by 3.5% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,564,300 shares of the company’s stock after selling 93,200 shares during the quarter. Schwab US Large-Cap ETF makes up approximately 15.9% of Standpoint Asset Management LLC’s investment portfolio, making the stock its 3rd largest position. Standpoint Asset Management LLC owned approximately 0.11% of Schwab US Large-Cap ETF worth $65,749,000 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 SCHX. Moneta Group Investment Advisors LLC lifted its holdings in Schwab US Large-Cap ETF by 3.0% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 35,831,024 shares of the company’s stock valued at $964,213,000 after buying an additional 1,051,978 shares in the last quarter. HBK Sorce Advisory LLC grew its stake in Schwab US Large-Cap ETF by 1.3% in the 4th quarter. HBK Sorce Advisory LLC now owns 34,479,165 shares of the company’s stock worth $939,212,000 after acquiring an additional 437,374 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of Schwab US Large-Cap ETF by 5.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 30,984,972 shares of the company’s stock worth $833,806,000 after acquiring an additional 1,546,669 shares during the period. Sage Financial Group Inc. increased its position in shares of Schwab US Large-Cap ETF by 0.8% during the third quarter. Sage Financial Group Inc. now owns 25,009,642 shares of the company’s stock worth $658,754,000 after acquiring an additional 199,289 shares during the period. Finally, Captrust Financial Advisors increased its position in shares of Schwab US Large-Cap ETF by 5.6% during the fourth quarter. Captrust Financial Advisors now owns 19,522,489 shares of the company’s stock worth $525,350,000 after acquiring an additional 1,039,540 shares during the period.

Schwab US Large-Cap ETF Stock Performance

Schwab US Large-Cap ETF stock opened at $29.49 on Friday. The company has a 50 day moving average price of $28.77 and a 200-day moving average price of $27.50. Schwab US Large-Cap ETF has a fifty-two week low of $23.50 and a fifty-two week high of $29.95. The company has a market capitalization of $71.11 billion, a PE ratio of 25.66 and a beta of 1.01.

About Schwab US Large-Cap ETF

(Free Report)

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.

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Institutional Ownership by Quarter for Schwab US Large-Cap ETF (NYSEARCA:SCHX)

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