Mercer Global Advisors Inc. ADV lessened its position in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX – Free Report) by 9.5% in the third quarter, Holdings Channel.com reports. The firm owned 10,349,931 shares of the company’s stock after selling 1,089,816 shares during the period. Mercer Global Advisors Inc. ADV’s holdings in Schwab US Large-Cap ETF were worth $272,617,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Sei Investments Co. lifted its holdings in shares of Schwab US Large-Cap ETF by 3.4% in the second quarter. Sei Investments Co. now owns 35,969,139 shares of the company’s stock valued at $879,088,000 after purchasing an additional 1,194,355 shares in the last quarter. HBK Sorce Advisory LLC boosted its position in shares of Schwab US Large-Cap ETF by 5.3% during the third quarter. HBK Sorce Advisory LLC now owns 35,294,611 shares of the company’s stock worth $940,954,000 after buying an additional 1,768,344 shares during the period. Moneta Group Investment Advisors LLC grew its holdings in shares of Schwab US Large-Cap ETF by 5.5% during the third quarter. Moneta Group Investment Advisors LLC now owns 34,779,046 shares of the company’s stock worth $916,080,000 after buying an additional 1,808,743 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Schwab US Large-Cap ETF by 13.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 27,821,337 shares of the company’s stock worth $679,953,000 after buying an additional 3,342,325 shares in the last quarter. Finally, Sage Financial Group Inc. raised its position in 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 valued at $658,754,000 after buying an additional 199,289 shares during the last quarter.
Schwab US Large-Cap ETF Stock Performance
NYSEARCA SCHX opened at $26.37 on Tuesday. The stock has a market capitalization of $62.34 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01. The stock’s 50 day moving average price is $27.07 and its two-hundred day moving average price is $26.73. Schwab US Large-Cap ETF has a 52 week low of $19.00 and a 52 week high of $27.54.
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. 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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