Hanseatic Management Services Inc. Buys New Holdings in Schwab US Large-Cap ETF $SCHX

Hanseatic Management Services Inc. purchased a new position in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 169,320 shares of the company’s stock, valued at approximately $4,341,000. Schwab US Large-Cap ETF accounts for approximately 4.2% of Hanseatic Management Services Inc.’s investment portfolio, making the stock its 2nd largest position.

A number of other institutional investors have also recently bought and sold shares of the business. Corient Private Wealth LLC boosted its stake in shares of Schwab US Large-Cap ETF by 163.9% during the 2nd quarter. Corient Private Wealth LLC now owns 12,518,206 shares of the company’s stock worth $306,087,000 after acquiring an additional 7,775,179 shares during the period. EP Wealth Advisors LLC acquired a new position in shares of Schwab US Large-Cap ETF during the 4th quarter worth approximately $86,562,000. Fund Evaluation Group LLC raised its stake in Schwab US Large-Cap ETF by 32.4% in the 4th quarter. Fund Evaluation Group LLC now owns 9,492,565 shares of the company’s stock valued at $255,445,000 after acquiring an additional 2,325,216 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in Schwab US Large-Cap ETF by 5.8% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 29,438,303 shares of the company’s stock valued at $775,405,000 after acquiring an additional 1,616,966 shares during the period. Finally, Bank of America Corp DE lifted its holdings in Schwab US Large-Cap ETF by 19.2% during the 3rd quarter. Bank of America Corp DE now owns 9,204,094 shares of the company’s stock valued at $242,436,000 after purchasing an additional 1,479,921 shares during the last quarter.

Schwab US Large-Cap ETF Price Performance

SCHX stock opened at $29.31 on Friday. The company has a fifty day moving average price of $29.35 and a two-hundred day moving average price of $27.84. Schwab US Large-Cap ETF has a one year low of $24.52 and a one year high of $29.95. The stock has a market cap of $71.36 billion, a price-to-earnings ratio of 25.66 and a beta of 1.00.

Schwab US Large-Cap ETF 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.