Betterment LLC Sells 664,551 Shares of Schwab US Large-Cap ETF $SCHX

Betterment LLC cut its holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 3.5% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 18,084,620 shares of the company’s stock after selling 664,551 shares during the quarter. Schwab US Large-Cap ETF accounts for 0.9% of Betterment LLC’s investment portfolio, making the stock its 22nd largest holding. Betterment LLC owned about 0.78% of Schwab US Large-Cap ETF worth $476,349,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Corient Private Wealth LLC increased its stake in shares of Schwab US Large-Cap ETF by 163.9% in the 2nd quarter. Corient Private Wealth LLC now owns 12,518,206 shares of the company’s stock valued at $306,087,000 after acquiring an additional 7,775,179 shares in the last quarter. Vantagepoint Investment Advisers LLC acquired a new position in shares of Schwab US Large-Cap ETF during the 3rd quarter valued at $199,988,000. Northwestern Mutual Wealth Management Co. boosted its stake in Schwab US Large-Cap ETF by 13.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 27,821,337 shares of the company’s stock worth $679,953,000 after acquiring an additional 3,342,325 shares in the last quarter. EP Wealth Advisors LLC grew its holdings in Schwab US Large-Cap ETF by 976.1% in the second quarter. EP Wealth Advisors LLC now owns 3,142,472 shares of the company’s stock worth $76,802,000 after purchasing an additional 2,850,436 shares during the period. Finally, Farther Finance Advisors LLC grew its holdings in Schwab US Large-Cap ETF by 531.7% in the third quarter. Farther Finance Advisors LLC now owns 2,890,979 shares of the company’s stock worth $76,148,000 after purchasing an additional 2,433,348 shares during the period.

Schwab US Large-Cap ETF Trading Down 1.5%

SCHX opened at $26.25 on Friday. The company has a fifty day moving average price of $27.11 and a two-hundred day moving average price of $26.71. Schwab US Large-Cap ETF has a 1-year low of $19.00 and a 1-year high of $27.54. The company has a market cap of $62.05 billion, a P/E 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.