AMI Investment Management Inc. Cuts Stock Holdings in Schwab US Large-Cap ETF $SCHX

AMI Investment Management Inc. lowered its holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 6.4% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 299,885 shares of the company’s stock after selling 20,607 shares during the quarter. Schwab US Large-Cap ETF makes up 1.8% of AMI Investment Management Inc.’s portfolio, making the stock its 14th biggest position. AMI Investment Management Inc.’s holdings in Schwab US Large-Cap ETF were worth $7,899,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of SCHX. CX Institutional grew its holdings in Schwab US Large-Cap ETF by 27,108.8% in the second quarter. CX Institutional now owns 62,036 shares of the company’s stock worth $1,516,000 after purchasing an additional 61,808 shares during the last quarter. Bank of Montreal Can raised its position in shares of Schwab US Large-Cap ETF by 6.0% in the 2nd quarter. Bank of Montreal Can now owns 202,214 shares of the company’s stock valued at $4,942,000 after purchasing an additional 11,420 shares during the last quarter. Janney Montgomery Scott LLC boosted its stake in Schwab US Large-Cap ETF by 2.3% in the 2nd quarter. Janney Montgomery Scott LLC now owns 122,227 shares of the company’s stock worth $2,987,000 after purchasing an additional 2,692 shares in the last quarter. B. Riley Wealth Advisors Inc. acquired a new stake in Schwab US Large-Cap ETF in the 2nd quarter worth approximately $2,266,000. Finally, Alpha Cubed Investments LLC grew its position in Schwab US Large-Cap ETF by 20.3% during the 2nd quarter. Alpha Cubed Investments LLC now owns 13,115 shares of the company’s stock worth $321,000 after purchasing an additional 2,214 shares during the last quarter.

Schwab US Large-Cap ETF Stock Performance

Shares of Schwab US Large-Cap ETF stock opened at $27.25 on Friday. The firm’s 50 day simple moving average is $26.78 and its two-hundred day simple moving average is $25.81. The firm has a market capitalization of $63.28 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01. Schwab US Large-Cap ETF has a 12-month low of $19.00 and a 12-month high of $27.30.

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.