Granite Bay Wealth Management LLC Reduces Holdings in Schwab US Large-Cap ETF $SCHX

Granite Bay Wealth Management LLC decreased its stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 29.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 30,790 shares of the company’s stock after selling 12,811 shares during the period. Granite Bay Wealth Management LLC’s holdings in Schwab US Large-Cap ETF were worth $752,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. US Bancorp DE boosted its position in Schwab US Large-Cap ETF by 5.2% during the 1st quarter. US Bancorp DE now owns 217,201,393 shares of the company’s stock valued at $4,795,807,000 after acquiring an additional 10,782,297 shares in the last quarter. HBK Sorce Advisory LLC raised its position in shares of Schwab US Large-Cap ETF by 2.8% in the 1st quarter. HBK Sorce Advisory LLC now owns 33,030,817 shares of the company’s stock worth $729,320,000 after acquiring an additional 890,971 shares in the last quarter. Sage Financial Group Inc. lifted its stake in shares of Schwab US Large-Cap ETF by 1.9% in the 1st quarter. Sage Financial Group Inc. now owns 25,345,106 shares of the company’s stock valued at $559,620,000 after purchasing an additional 479,820 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in shares of Schwab US Large-Cap ETF by 17.8% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 24,479,012 shares of the company’s stock valued at $540,497,000 after purchasing an additional 3,701,133 shares in the last quarter. Finally, Cerity Partners LLC boosted its position in shares of Schwab US Large-Cap ETF by 1.2% during the first quarter. Cerity Partners LLC now owns 18,682,304 shares of the company’s stock valued at $412,505,000 after purchasing an additional 221,544 shares in the last quarter.

Schwab US Large-Cap ETF Trading Down 0.1%

SCHX opened at $26.05 on Monday. The company has a market cap of $59.81 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01. The stock has a fifty day simple moving average of $25.24 and a two-hundred day simple moving average of $23.53. Schwab US Large-Cap ETF has a 12-month low of $19.00 and a 12-month high of $26.11.

Schwab US Large-Cap ETF Company 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.