Standpoint Asset Management LLC Has $65.75 Million Position in Schwab US Large-Cap ETF $SCHX

Standpoint Asset Management LLC lessened its holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 3.5% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 2,564,300 shares of the company’s stock after selling 93,200 shares during the period. Schwab US Large-Cap ETF comprises 15.9% of Standpoint Asset Management LLC’s holdings, making the stock its 3rd biggest position. Standpoint Asset Management LLC’s holdings in Schwab US Large-Cap ETF were worth $65,749,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SCHX. Nations Financial Group Inc. IA ADV lifted its stake in shares of Schwab US Large-Cap ETF by 6.9% during the 1st quarter. Nations Financial Group Inc. IA ADV now owns 471,088 shares of the company’s stock worth $12,079,000 after purchasing an additional 30,382 shares during the last quarter. Brady Martz Wealth Solutions LLC bought a new stake in Schwab US Large-Cap ETF during the first quarter valued at about $225,000. Aspen Investment Management Inc grew its stake in Schwab US Large-Cap ETF by 9.2% in the first quarter. Aspen Investment Management Inc now owns 85,740 shares of the company’s stock valued at $2,198,000 after purchasing an additional 7,243 shares during the last quarter. J. Derek Lewis & Associates Inc. purchased a new position in Schwab US Large-Cap ETF in the fourth quarter valued at about $268,000. Finally, Cornerstone Planning LLC bought a new position in Schwab US Large-Cap ETF in the fourth quarter worth about $19,684,000.

Schwab US Large-Cap ETF Stock Performance

Shares of Schwab US Large-Cap ETF stock opened at $29.49 on Friday. The company has a market capitalization of $71.11 billion, a PE ratio of 25.66 and a beta of 1.01. The company has a 50-day simple moving average of $28.77 and a two-hundred day simple moving average of $27.50. Schwab US Large-Cap ETF has a one year low of $23.50 and a one year high of $29.95.

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.