Assetmark Inc. Trims Stake in Schwab US Large-Cap ETF $SCHX

Assetmark Inc. reduced its position in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 14.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,513,794 shares of the company’s stock after selling 1,104,161 shares during the period. Assetmark Inc. owned approximately 0.28% of Schwab US Large-Cap ETF worth $175,286,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in SCHX. Brighton Jones LLC grew its position in shares of Schwab US Large-Cap ETF by 198.5% during the 4th 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 in the last quarter. Russell Investments Group Ltd. grew its position in Schwab US Large-Cap ETF by 33.3% in the second quarter. Russell Investments Group Ltd. now owns 62,112 shares of the company’s stock worth $1,518,000 after acquiring an additional 15,522 shares in the last quarter. First Trust Advisors LP purchased a new position in Schwab US Large-Cap ETF in the second quarter worth $633,000. Baird Financial Group Inc. grew its position in Schwab US Large-Cap ETF by 25.1% in the second quarter. Baird Financial Group Inc. now owns 35,076 shares of the company’s stock worth $857,000 after acquiring an additional 7,045 shares in the last quarter. Finally, Ieq Capital LLC grew its position in Schwab US Large-Cap ETF by 9.1% in the second quarter. Ieq Capital LLC now owns 247,992 shares of the company’s stock worth $6,061,000 after acquiring an additional 20,758 shares in the last quarter.

Schwab US Large-Cap ETF Stock Performance

Shares of NYSEARCA:SCHX opened at $27.04 on Tuesday. Schwab US Large-Cap ETF has a 52-week low of $20.07 and a 52-week high of $27.54. The firm has a fifty day moving average of $26.54 and a 200 day moving average of $26.73. The firm has a market capitalization of $64.93 billion, a PE ratio of 25.66 and a beta of 1.01.

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.