MAI Capital Management Has $32.24 Million Stock Position in Schwab US Large-Cap ETF $SCHX

MAI Capital Management reduced its holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHXFree Report) by 6.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,224,113 shares of the company’s stock after selling 78,397 shares during the period. MAI Capital Management owned approximately 0.05% of Schwab US Large-Cap ETF worth $32,243,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of SCHX. Sei Investments Co. grew its position in Schwab US Large-Cap ETF by 3.4% in the 2nd quarter. Sei Investments Co. now owns 35,969,139 shares of the company’s stock worth $879,088,000 after purchasing an additional 1,194,355 shares during the last quarter. HBK Sorce Advisory LLC lifted its stake in shares of Schwab US Large-Cap ETF by 5.3% in the third quarter. HBK Sorce Advisory LLC now owns 35,294,611 shares of the company’s stock valued at $940,954,000 after buying an additional 1,768,344 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Schwab US Large-Cap ETF by 13.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 27,821,337 shares of the company’s stock valued at $679,953,000 after buying an additional 3,342,325 shares during the period. Cerity Partners LLC grew its position in Schwab US Large-Cap ETF by 0.7% during the third quarter. Cerity Partners LLC now owns 18,864,225 shares of the company’s stock worth $496,884,000 after buying an additional 133,206 shares in the last quarter. Finally, Betterment LLC increased its stake in Schwab US Large-Cap ETF by 41.8% during the second quarter. Betterment LLC now owns 18,749,171 shares of the company’s stock valued at $458,230,000 after acquiring an additional 5,524,085 shares during the period.

Schwab US Large-Cap ETF Stock Up 0.8%

Schwab US Large-Cap ETF stock opened at $27.10 on Wednesday. The business has a 50 day moving average price of $27.14 and a two-hundred day moving average price of $26.60. Schwab US Large-Cap ETF has a 12 month low of $19.00 and a 12 month high of $27.54. The stock has a market cap of $64.06 billion, a price-to-earnings 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.

Further Reading

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

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