Cornerstone Advisors Asset Management LLC Buys 78,553 Shares of Schwab US Large-Cap ETF $SCHX

Cornerstone Advisors Asset Management LLC raised its stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 2.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,994,436 shares of the company’s stock after buying an additional 78,553 shares during the period. Schwab US Large-Cap ETF comprises about 11.8% of Cornerstone Advisors Asset Management LLC’s portfolio, making the stock its biggest position. Cornerstone Advisors Asset Management LLC owned 0.12% of Schwab US Large-Cap ETF worth $76,777,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Clayton Financial Group LLC increased its position in shares of Schwab US Large-Cap ETF by 154.6% during the fourth quarter. Clayton Financial Group LLC now owns 49,587 shares of the company’s stock worth $1,334,000 after buying an additional 30,112 shares during the period. GEN Financial Management INC. lifted its holdings in Schwab US Large-Cap ETF by 24.5% in the fourth quarter. GEN Financial Management INC. now owns 895,830 shares of the company’s stock valued at $24,107,000 after buying an additional 176,498 shares during the period. Farther Finance Advisors LLC lifted its holdings in Schwab US Large-Cap ETF by 37.4% in the fourth quarter. Farther Finance Advisors LLC now owns 3,972,127 shares of the company’s stock valued at $106,890,000 after buying an additional 1,081,148 shares during the period. Rede Wealth LLC bought a new stake in Schwab US Large-Cap ETF during the fourth quarter valued at $855,000. Finally, Steele Capital Management Inc. raised its position in shares of Schwab US Large-Cap ETF by 1.8% in the 4th quarter. Steele Capital Management Inc. now owns 3,985,073 shares of the company’s stock worth $107,238,000 after acquiring an additional 69,493 shares in the last quarter.

Schwab US Large-Cap ETF Stock Performance

Shares of SCHX opened at $29.31 on Monday. The business’s 50 day moving average price is $29.35 and its two-hundred day moving average price is $27.84. The firm has a market cap of $71.36 billion, a PE ratio of 25.66 and a beta of 1.00. Schwab US Large-Cap ETF has a 52-week low of $24.52 and a 52-week high of $29.95.

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.