Northwestern Mutual Wealth Management Co. Has $833.81 Million Stake in Schwab US Large-Cap ETF $SCHX

Northwestern Mutual Wealth Management Co. increased its holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 5.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 30,984,972 shares of the company’s stock after buying an additional 1,546,669 shares during the period. Northwestern Mutual Wealth Management Co. owned 1.31% of Schwab US Large-Cap ETF worth $833,806,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Moneta Group Investment Advisors LLC raised its position in shares of Schwab US Large-Cap ETF by 5.5% in the third quarter. Moneta Group Investment Advisors LLC now owns 34,779,046 shares of the company’s stock valued at $916,080,000 after buying an additional 1,808,743 shares in the last quarter. HBK Sorce Advisory LLC raised its stake in Schwab US Large-Cap ETF by 1.3% in the fourth quarter. HBK Sorce Advisory LLC now owns 34,479,165 shares of the company’s stock valued at $939,212,000 after purchasing an additional 437,374 shares in the last quarter. Sage Financial Group Inc. raised its stake in Schwab US Large-Cap ETF by 0.8% in the third quarter. Sage Financial Group Inc. now owns 25,009,642 shares of the company’s stock valued at $658,754,000 after purchasing an additional 199,289 shares in the last quarter. Captrust Financial Advisors raised its stake in Schwab US Large-Cap ETF by 1.5% in the third quarter. Captrust Financial Advisors now owns 18,482,949 shares of the company’s stock valued at $486,841,000 after purchasing an additional 272,099 shares in the last quarter. Finally, Diversified Enterprises LLC raised its stake in Schwab US Large-Cap ETF by 2.9% in the fourth quarter. Diversified Enterprises LLC now owns 16,962,165 shares of the company’s stock valued at $456,452,000 after purchasing an additional 480,959 shares in the last quarter.

Schwab US Large-Cap ETF Stock Up 0.6%

SCHX stock opened at $29.70 on Friday. The company has a market cap of $71.62 billion, a PE ratio of 25.66 and a beta of 1.01. The business has a 50-day simple moving average of $27.61 and a 200 day simple moving average of $27.19. Schwab US Large-Cap ETF has a 52 week low of $21.81 and a 52 week high of $29.72.

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.