Charles Schwab Investment Management Inc. Sells 106,622 Shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Charles Schwab Investment Management Inc. trimmed its stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 0.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 43,887,796 shares of the company’s stock after selling 106,622 shares during the period. Charles Schwab Investment Management Inc. owned approximately 6.86% of Schwab US Large-Cap ETF worth $2,298,397,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Charles Schwab Investment Advisory Inc. boosted its stake in shares of Schwab US Large-Cap ETF by 103.5% in the 1st quarter. Charles Schwab Investment Advisory Inc. now owns 135,281,261 shares of the company’s stock valued at $7,284,896,000 after purchasing an additional 68,805,989 shares during the last quarter. Sei Investments Co. boosted its stake in Schwab US Large-Cap ETF by 2.0% in the first quarter. Sei Investments Co. now owns 29,898,191 shares of the company’s stock valued at $1,446,178,000 after acquiring an additional 583,243 shares during the last quarter. HBK Sorce Advisory LLC grew its holdings in Schwab US Large-Cap ETF by 2.1% during the 1st quarter. HBK Sorce Advisory LLC now owns 17,848,028 shares of the company’s stock worth $1,294,963,000 after acquiring an additional 364,932 shares during the period. Sage Financial Group Inc. raised its position in shares of Schwab US Large-Cap ETF by 0.4% during the 2nd quarter. Sage Financial Group Inc. now owns 8,278,358 shares of the company’s stock valued at $433,538,000 after acquiring an additional 33,489 shares during the last quarter. Finally, Moneta Group Investment Advisors LLC lifted its stake in shares of Schwab US Large-Cap ETF by 22.8% in the 1st quarter. Moneta Group Investment Advisors LLC now owns 6,582,916 shares of the company’s stock valued at $318,416,000 after purchasing an additional 1,221,535 shares during the period.

Schwab US Large-Cap ETF Stock Up 2.0 %

Shares of Schwab US Large-Cap ETF stock opened at $53.04 on Wednesday. The business has a fifty day simple moving average of $51.13 and a 200 day simple moving average of $51.37. The stock has a market cap of $33.95 billion, a PE ratio of 18.28 and a beta of 1.01. Schwab US Large-Cap ETF has a 12 month low of $44.24 and a 12 month high of $54.38.

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.