Schwab US Large-Cap ETF (SCHX) Stake Lessened by Gradient Capital Advisors LLC

Gradient Capital Advisors LLC cut its holdings in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 9.7% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 56,950 shares of the company’s stock after selling 6,090 shares during the period. Schwab US Large-Cap ETF accounts for 3.3% of Gradient Capital Advisors LLC’s holdings, making the stock its 7th biggest holding. Gradient Capital Advisors LLC’s holdings in Schwab US Large-Cap ETF were worth $3,961,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Bank of New York Mellon Corp boosted its stake in Schwab US Large-Cap ETF by 6.3% in the second quarter. Bank of New York Mellon Corp now owns 23,495 shares of the company’s stock valued at $1,527,000 after acquiring an additional 1,395 shares in the last quarter. Mengis Capital Management Inc. boosted its stake in Schwab US Large-Cap ETF by 8.2% in the second quarter. Mengis Capital Management Inc. now owns 30,497 shares of the company’s stock valued at $1,982,000 after acquiring an additional 2,314 shares in the last quarter. Madden Advisory Services Inc. boosted its stake in Schwab US Large-Cap ETF by 17.8% in the second quarter. Madden Advisory Services Inc. now owns 27,641 shares of the company’s stock valued at $1,796,000 after acquiring an additional 4,177 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in Schwab US Large-Cap ETF by 8.9% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 356,291 shares of the company’s stock valued at $23,155,000 after acquiring an additional 29,160 shares in the last quarter. Finally, NewSquare Capital LLC boosted its stake in Schwab US Large-Cap ETF by 11.8% in the second quarter. NewSquare Capital LLC now owns 77,989 shares of the company’s stock valued at $5,229,000 after acquiring an additional 8,235 shares in the last quarter.

Shares of SCHX opened at $66.98 on Friday. Schwab US Large-Cap ETF has a twelve month low of $60.45 and a twelve month high of $70.50.

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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.

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Institutional Ownership by Quarter for Schwab US Large-Cap ETF (NYSEARCA:SCHX)

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