Moneywise Inc. Lowers Position in Schwab US Large-Cap ETF $SCHX

Moneywise Inc. lowered its stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 3.7% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 799,390 shares of the company’s stock after selling 30,646 shares during the period. Schwab US Large-Cap ETF comprises approximately 9.5% of Moneywise Inc.’s investment portfolio, making the stock its 2nd biggest holding. Moneywise Inc.’s holdings in Schwab US Large-Cap ETF were worth $21,056,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Brighton Jones LLC lifted its stake in Schwab US Large-Cap ETF by 198.5% in the fourth quarter. Brighton Jones LLC now owns 211,330 shares of the company’s stock valued at $4,899,000 after purchasing an additional 140,539 shares during the last quarter. Advisory Alpha LLC bought a new position in shares of Schwab US Large-Cap ETF in the first quarter worth $226,000. Mattson Financial Services LLC raised its position in shares of Schwab US Large-Cap ETF by 3,222.3% in the first quarter. Mattson Financial Services LLC now owns 12,359 shares of the company’s stock worth $273,000 after buying an additional 11,987 shares in the last quarter. Modern Wealth Management LLC bought a new stake in Schwab US Large-Cap ETF during the first quarter valued at $1,256,000. Finally, Asset Planning Services Inc. LA ADV increased its stake in Schwab US Large-Cap ETF by 0.7% in the 1st quarter. Asset Planning Services Inc. LA ADV now owns 176,410 shares of the company’s stock worth $3,895,000 after acquiring an additional 1,275 shares during the last quarter.

Schwab US Large-Cap ETF Stock Up 0.6%

NYSEARCA:SCHX opened at $27.42 on Friday. The stock has a market cap of $64.58 billion, a P/E ratio of 25.66 and a beta of 1.01. The business’s 50-day moving average price is $26.85 and its two-hundred day moving average price is $26.04. Schwab US Large-Cap ETF has a twelve month low of $19.00 and a twelve month high of $27.46.

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.