Sequoia Financial Advisors LLC Sells 28,943 Shares of Schwab US Large-Cap ETF $SCHX
by Kim Johansen · The Markets DailySequoia Financial Advisors LLC lessened its holdings in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX – Free Report) by 2.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,384,788 shares of the company’s stock after selling 28,943 shares during the quarter. Sequoia Financial Advisors LLC owned approximately 0.06% of Schwab US Large-Cap ETF worth $40,754,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds have also recently modified their holdings of the company. Summit Financial Strategies Inc. lifted its position in Schwab US Large-Cap ETF by 1.2% during the second quarter. Summit Financial Strategies Inc. now owns 160,333 shares of the company’s stock valued at $4,719,000 after purchasing an additional 1,839 shares in the last quarter. Capital Advantage Inc. increased its position in Schwab US Large-Cap ETF by 0.4% in the second quarter. Capital Advantage Inc. now owns 90,216 shares of the company’s stock worth $2,655,000 after buying an additional 386 shares in the last quarter. Integrated Wealth Concepts LLC increased its position in Schwab US Large-Cap ETF by 13.7% in the second quarter. Integrated Wealth Concepts LLC now owns 3,967,273 shares of the company’s stock worth $116,757,000 after buying an additional 479,547 shares in the last quarter. NewEdge Advisors LLC raised its stake in shares of Schwab US Large-Cap ETF by 2.6% in the second quarter. NewEdge Advisors LLC now owns 416,791 shares of the company’s stock worth $12,266,000 after buying an additional 10,543 shares during the period. Finally, IFP Advisors Inc raised its stake in shares of Schwab US Large-Cap ETF by 6.1% in the second quarter. IFP Advisors Inc now owns 756,568 shares of the company’s stock worth $22,266,000 after buying an additional 43,581 shares during the period.
Schwab US Large-Cap ETF Stock Down 0.5%
SCHX stock opened at $30.03 on Thursday. Schwab US Large-Cap ETF has a twelve month low of $24.81 and a twelve month high of $30.77. The stock has a market cap of $73.26 billion, a P/E ratio of 25.66 and a beta of 1.00. The business’s 50-day moving average price is $29.91 and its 200-day moving average price is $28.61.
About Schwab US Large-Cap ETF
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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