Cornerstone Wealth Group LLC Sells 26,173 Shares of Schwab US Large-Cap ETF $SCHX

Cornerstone Wealth Group LLC decreased its stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 1.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,331,049 shares of the company’s stock after selling 26,173 shares during the quarter. Schwab US Large-Cap ETF makes up 2.4% of Cornerstone Wealth Group LLC’s holdings, making the stock its 7th biggest position. Cornerstone Wealth Group LLC owned about 0.06% of Schwab US Large-Cap ETF worth $32,531,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of SCHX. US Bancorp DE grew its position in shares of Schwab US Large-Cap ETF by 5.2% in the first quarter. US Bancorp DE now owns 217,201,393 shares of the company’s stock valued at $4,795,807,000 after purchasing an additional 10,782,297 shares during the period. Betterment LLC grew its position in shares of Schwab US Large-Cap ETF by 119.6% in the first quarter. Betterment LLC now owns 13,225,086 shares of the company’s stock valued at $292,010,000 after purchasing an additional 7,201,786 shares during the period. Fund Evaluation Group LLC grew its position in shares of Schwab US Large-Cap ETF by 89.4% in the first quarter. Fund Evaluation Group LLC now owns 7,955,519 shares of the company’s stock valued at $175,658,000 after purchasing an additional 3,755,090 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in shares of Schwab US Large-Cap ETF by 17.8% in 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 during the period. Finally, Wealthspire Advisors LLC grew its position in shares of Schwab US Large-Cap ETF by 95.7% in the first quarter. Wealthspire Advisors LLC now owns 6,083,326 shares of the company’s stock valued at $134,320,000 after purchasing an additional 2,974,256 shares during the period.

Schwab US Large-Cap ETF Stock Up 1.6%

Shares of NYSEARCA SCHX opened at $26.27 on Tuesday. The company’s 50-day simple moving average is $25.84 and its 200-day simple moving average is $24.09. Schwab US Large-Cap ETF has a 52-week low of $19.00 and a 52-week high of $26.68. The firm has a market cap of $60.88 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01.

Schwab US Large-Cap ETF 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.