Essex LLC Cuts Stock Position in Schwab US Large-Cap ETF $SCHX

Essex LLC trimmed its position in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 2.0% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 950,382 shares of the company’s stock after selling 18,935 shares during the period. Schwab US Large-Cap ETF accounts for approximately 4.6% of Essex LLC’s holdings, making the stock its 5th biggest position. Essex LLC’s holdings in Schwab US Large-Cap ETF were worth $23,227,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in SCHX. US Bancorp DE increased its position in Schwab US Large-Cap ETF by 5.2% in the 1st quarter. US Bancorp DE now owns 217,201,393 shares of the company’s stock valued at $4,795,807,000 after acquiring an additional 10,782,297 shares during the period. HBK Sorce Advisory LLC grew its stake in shares of Schwab US Large-Cap ETF by 2.8% in the first quarter. HBK Sorce Advisory LLC now owns 33,030,817 shares of the company’s stock worth $729,320,000 after purchasing an additional 890,971 shares in the last quarter. Sage Financial Group Inc. increased its holdings in shares of Schwab US Large-Cap ETF by 1.9% during the first quarter. Sage Financial Group Inc. now owns 25,345,106 shares of the company’s stock valued at $559,620,000 after purchasing an additional 479,820 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in shares of 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 valued at $540,497,000 after purchasing an additional 3,701,133 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in Schwab US Large-Cap ETF by 17.7% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 19,566,506 shares of the company’s stock worth $484,662,000 after purchasing an additional 2,942,434 shares during the period.

Schwab US Large-Cap ETF Trading Down 0.2%

Schwab US Large-Cap ETF stock opened at $26.23 on Wednesday. The stock has a market cap of $60.78 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01. The company’s 50-day moving average price is $25.87 and its two-hundred day moving average price is $24.11. Schwab US Large-Cap ETF has a 52 week low of $19.00 and a 52 week high of $26.68.

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.