Sequoia Financial Advisors LLC Sells 1,124,082 Shares of Schwab US Large-Cap ETF $SCHX

Sequoia Financial Advisors LLC reduced its stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 44.4% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,410,397 shares of the company’s stock after selling 1,124,082 shares during the period. Sequoia Financial Advisors LLC owned 0.06% of Schwab US Large-Cap ETF worth $34,470,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. US Bancorp DE lifted its holdings in Schwab US Large-Cap ETF by 5.2% during the first quarter. US Bancorp DE now owns 217,201,393 shares of the company’s stock worth $4,795,807,000 after acquiring an additional 10,782,297 shares in the last quarter. Betterment LLC lifted its holdings in Schwab US Large-Cap ETF by 119.6% during the first quarter. Betterment LLC now owns 13,225,086 shares of the company’s stock worth $292,010,000 after acquiring an additional 7,201,786 shares in the last quarter. Fund Evaluation Group LLC lifted its holdings in Schwab US Large-Cap ETF by 89.4% during the first quarter. Fund Evaluation Group LLC now owns 7,955,519 shares of the company’s stock worth $175,658,000 after acquiring an additional 3,755,090 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in Schwab US Large-Cap ETF by 17.8% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 24,479,012 shares of the company’s stock worth $540,497,000 after acquiring an additional 3,701,133 shares in the last quarter. Finally, Wealthspire Advisors LLC lifted its holdings in Schwab US Large-Cap ETF by 95.7% during the first quarter. Wealthspire Advisors LLC now owns 6,083,326 shares of the company’s stock worth $134,320,000 after acquiring an additional 2,974,256 shares in the last quarter.

Schwab US Large-Cap ETF Trading Down 2.7%

SCHX stock opened at $25.85 on Monday. The business’s 50-day moving average price is $25.82 and its two-hundred day moving average price is $24.06. The firm has a market cap of $59.90 billion, a PE ratio of 25.66 and a beta of 1.01. Schwab US Large-Cap ETF has a 1-year low of $19.00 and a 1-year high of $26.68.

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.