Cornerstone Advisors Asset Management LLC Has $108.74 Million Holdings in Schwab US Large-Cap ETF $SCHX

Cornerstone Advisors Asset Management LLC increased its stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 23.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,695,022 shares of the company’s stock after buying an additional 700,586 shares during the quarter. Schwab US Large-Cap ETF comprises approximately 14.3% of Cornerstone Advisors Asset Management LLC’s investment portfolio, making the stock its biggest position. Cornerstone Advisors Asset Management LLC owned about 0.15% of Schwab US Large-Cap ETF worth $108,744,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SCHX. IFC & Insurance Marketing Inc. bought a new position in shares of Schwab US Large-Cap ETF in the fourth quarter worth $25,000. Measured Wealth Private Client Group LLC bought a new stake in Schwab US Large-Cap ETF during the third quarter worth about $26,000. Trust Co. of Vermont acquired a new stake in Schwab US Large-Cap ETF during the second quarter worth about $26,000. Tidemark LLC grew its stake in Schwab US Large-Cap ETF by 474.3% during the fourth quarter. Tidemark LLC now owns 1,275 shares of the company’s stock worth $34,000 after buying an additional 1,053 shares in the last quarter. Finally, Signature Resources Capital Management LLC increased its holdings in Schwab US Large-Cap ETF by 510.5% in the 1st quarter. Signature Resources Capital Management LLC now owns 1,337 shares of the company’s stock valued at $34,000 after buying an additional 1,118 shares during the period.

Schwab US Large-Cap ETF Trading Down 0.4%

Shares of NYSEARCA:SCHX opened at $30.36 on Friday. The firm has a 50 day moving average of $29.86 and a 200-day moving average of $28.53. The stock has a market capitalization of $74.06 billion, a PE ratio of 25.66 and a beta of 1.00. Schwab US Large-Cap ETF has a 12 month low of $24.81 and a 12 month high of $30.77.

Schwab US Large-Cap ETF Company Profile

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.