HighTower Advisors LLC Lowers Stake in Schwab US Large-Cap ETF $SCHX

HighTower Advisors LLC trimmed its stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 0.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,199,707 shares of the company’s stock after selling 86,994 shares during the period. HighTower Advisors LLC owned 0.61% of Schwab US Large-Cap ETF worth $374,020,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Independent Advisor Alliance raised its holdings in Schwab US Large-Cap ETF by 1.1% in the third quarter. Independent Advisor Alliance now owns 35,309 shares of the company’s stock worth $930,000 after purchasing an additional 392 shares in the last quarter. Snowden Capital Advisors LLC grew its position in shares of Schwab US Large-Cap ETF by 3.3% in the 2nd quarter. Snowden Capital Advisors LLC now owns 12,522 shares of the company’s stock worth $306,000 after buying an additional 402 shares during the last quarter. Manning & Napier Advisors LLC grew its position in shares of Schwab US Large-Cap ETF by 31.4% in the 3rd quarter. Manning & Napier Advisors LLC now owns 1,693 shares of the company’s stock worth $45,000 after buying an additional 405 shares during the last quarter. CM Wealth Advisors LLC raised its stake in shares of Schwab US Large-Cap ETF by 1.3% during the 2nd quarter. CM Wealth Advisors LLC now owns 32,538 shares of the company’s stock worth $795,000 after acquiring an additional 414 shares in the last quarter. Finally, DiNuzzo Private Wealth Inc. lifted its position in Schwab US Large-Cap ETF by 61.2% during the third quarter. DiNuzzo Private Wealth Inc. now owns 1,093 shares of the company’s stock valued at $28,000 after acquiring an additional 415 shares during the last quarter.

Schwab US Large-Cap ETF Stock Up 0.1%

Shares of SCHX opened at $26.88 on Friday. The company has a market cap of $63.54 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01. Schwab US Large-Cap ETF has a twelve month low of $19.00 and a twelve month high of $27.54. The company has a 50 day moving average of $27.13 and a two-hundred day moving average of $26.49.

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.