Sequoia Financial Advisors LLC Sells 28,943 Shares of Schwab US Large-Cap ETF $SCHX

Sequoia Financial Advisors LLC lessened its holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 2.0% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 1,384,788 shares of the company’s stock after selling 28,943 shares during the period. Sequoia Financial Advisors LLC’s holdings in Schwab US Large-Cap ETF were worth $40,754,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Corient Private Wealth LLC boosted its stake in shares of Schwab US Large-Cap ETF by 163.9% in the second quarter. Corient Private Wealth LLC now owns 12,518,206 shares of the company’s stock worth $306,087,000 after acquiring an additional 7,775,179 shares during the period. EP Wealth Advisors LLC purchased a new position in Schwab US Large-Cap ETF in the 4th quarter worth approximately $86,562,000. Financial Solutions Advisory Group Inc. purchased a new position in Schwab US Large-Cap ETF in the 1st quarter worth approximately $70,778,000. Scarborough Advisors LLC purchased a new position in Schwab US Large-Cap ETF in the 1st quarter worth approximately $60,491,000. Finally, Fund Evaluation Group LLC boosted its stake in Schwab US Large-Cap ETF by 32.4% in the 4th quarter. Fund Evaluation Group LLC now owns 9,492,565 shares of the company’s stock worth $255,445,000 after purchasing an additional 2,325,216 shares during the period.

Schwab US Large-Cap ETF Price Performance

Shares of SCHX opened at $30.03 on Thursday. Schwab US Large-Cap ETF has a 1 year low of $24.81 and a 1 year high of $30.77. The company has a 50 day simple moving average of $29.91 and a two-hundred day simple moving average of $28.61. The firm has a market cap of $73.26 billion, a P/E ratio of 25.66 and a beta of 1.00.

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.