Red Door Wealth Management LLC cut its stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX – Free Report) by 2.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,931,755 shares of the company’s stock after selling 53,777 shares during the period. Schwab US Large-Cap ETF accounts for 5.2% of Red Door Wealth Management LLC’s investment portfolio, making the stock its largest holding. Red Door Wealth Management LLC owned about 0.08% of Schwab US Large-Cap ETF worth $49,530,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Moneta Group Investment Advisors LLC increased its position in shares of Schwab US Large-Cap ETF by 3.0% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 35,831,024 shares of the company’s stock worth $964,213,000 after buying an additional 1,051,978 shares during the period. HBK Sorce Advisory LLC grew its holdings in Schwab US Large-Cap ETF by 1.3% during 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 during the period. Northwestern Mutual Wealth Management Co. grew its holdings in Schwab US Large-Cap ETF by 5.3% during the 4th 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. raised its position in shares of Schwab US Large-Cap ETF by 0.8% in the 3rd 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 in the last quarter. Finally, Captrust Financial Advisors lifted its stake in shares of Schwab US Large-Cap ETF by 5.6% in the 4th quarter. Captrust Financial Advisors now owns 19,522,489 shares of the company’s stock valued at $525,350,000 after purchasing an additional 1,039,540 shares during the period.
Schwab US Large-Cap ETF Price Performance
NYSEARCA SCHX opened at $28.79 on Monday. The stock has a market capitalization of $69.42 billion, a P/E ratio of 25.66 and a beta of 1.01. The business has a 50 day simple moving average of $28.96 and a 200 day simple moving average of $27.58. Schwab US Large-Cap ETF has a one year low of $24.17 and a one year high of $29.95.
About Schwab US Large-Cap ETF
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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