Moneywise Inc. decreased its position in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX – Free Report) by 53.1% during the third quarter, Holdings Channel.com reports. The institutional investor owned 334,521 shares of the company’s stock after selling 378,101 shares during the quarter. Schwab US Large-Cap ETF makes up approximately 9.5% of Moneywise Inc.’s portfolio, making the stock its biggest position. Moneywise Inc.’s holdings in Schwab US Large-Cap ETF were worth $10,036,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also recently made changes to their positions in the company. Carmel Capital Partners LLC increased its position in Schwab US Large-Cap ETF by 2.0% during the 1st quarter. Carmel Capital Partners LLC now owns 20,088 shares of the company’s stock valued at $515,000 after purchasing an additional 385 shares during the period. Praetorian Wealth Management Inc. raised its holdings in shares of Schwab US Large-Cap ETF by 1.1% in the 2nd quarter. Praetorian Wealth Management Inc. now owns 35,798 shares of the company’s stock valued at $1,054,000 after purchasing an additional 385 shares in the last quarter. Capital Advantage Inc. lifted its position in shares of Schwab US Large-Cap ETF by 0.4% in the 2nd quarter. Capital Advantage Inc. now owns 90,216 shares of the company’s stock worth $2,655,000 after purchasing an additional 386 shares during the period. Cherry Tree Wealth Management LLC lifted its position in shares of Schwab US Large-Cap ETF by 0.6% in the 2nd quarter. Cherry Tree Wealth Management LLC now owns 72,572 shares of the company’s stock worth $2,136,000 after purchasing an additional 398 shares during the period. Finally, Successful Portfolios LLC lifted its position in shares of Schwab US Large-Cap ETF by 0.5% in the 3rd quarter. Successful Portfolios LLC now owns 89,724 shares of the company’s stock worth $2,740,000 after purchasing an additional 419 shares during the period.
Schwab US Large-Cap ETF Stock Performance
NYSEARCA SCHX opened at $29.70 on Wednesday. The company has a market cap of $73.19 billion, a PE ratio of 25.66 and a beta of 1.01. The firm’s 50 day moving average price is $30.21 and its 200-day moving average price is $28.74. Schwab US Large-Cap ETF has a 52-week low of $24.81 and a 52-week high of $30.79.
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. 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.
Featured Stories
- Five stocks we like better than Schwab US Large-Cap ETF
- Marriott’s Earnings Beat Shows Why It’s More Than a Bet on Travel Demand
- Franklin Templeton’s New ETFs Turn Stock Dividends Into Bitcoin—What’s the Catch?
- Apple’s Earnings Beat Comes With a Catch for Investors Heading Into the Holidays
- Palantir’s $2.3 Billion Quarter Puts Its Premium Valuation to the Test
Want to see what other hedge funds are holding SCHX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab US Large-Cap ETF (NYSEARCA:SCHX – Free Report).
Receive News & Ratings for Schwab US Large-Cap ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab US Large-Cap ETF and related companies with MarketBeat.com's FREE daily email newsletter.
