Schwab US Large-Cap ETF $SCHX Shares Sold by Cornerstone Wealth Group LLC

Cornerstone Wealth Group LLC lowered its position in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 3.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,222,961 shares of the company’s stock after selling 48,808 shares during the quarter. Schwab US Large-Cap ETF accounts for about 2.2% of Cornerstone Wealth Group LLC’s holdings, making the stock its 8th largest position. Cornerstone Wealth Group LLC owned approximately 0.05% of Schwab US Large-Cap ETF worth $33,974,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in SCHX. Merkkuri Wealth Advisors LLC purchased a new stake in shares of Schwab US Large-Cap ETF in the first quarter valued at $70,000. Econ Financial Services Corp raised its position in Schwab US Large-Cap ETF by 94.3% during the first quarter. Econ Financial Services Corp now owns 79,136 shares of the company’s stock valued at $2,029,000 after buying an additional 38,416 shares during the period. Laurel Oak Wealth Management LLC lifted its stake in Schwab US Large-Cap ETF by 17.0% in the 1st quarter. Laurel Oak Wealth Management LLC now owns 12,660 shares of the company’s stock worth $325,000 after acquiring an additional 1,836 shares in the last quarter. Powers Advisory Group LLC lifted its stake in Schwab US Large-Cap ETF by 0.4% in the 1st quarter. Powers Advisory Group LLC now owns 1,203,797 shares of the company’s stock worth $30,865,000 after acquiring an additional 4,725 shares in the last quarter. Finally, Stuart Investment Advisors Inc. acquired a new stake in Schwab US Large-Cap ETF during the 1st quarter worth about $630,000.

Schwab US Large-Cap ETF Price Performance

NYSEARCA:SCHX opened at $28.79 on Friday. Schwab US Large-Cap ETF has a fifty-two week low of $24.17 and a fifty-two week high of $29.95. The stock’s 50-day moving average is $28.96 and its two-hundred day moving average is $27.57. The stock has a market cap of $69.42 billion, a PE ratio of 25.66 and a beta of 1.01.

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.