Schwab US Large-Cap ETF (NYSEARCA:SCHX) is Sawgrass Asset Management LLC’s 5th Largest Position

Sawgrass Asset Management LLC increased its stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 3.2% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 391,974 shares of the company’s stock after purchasing an additional 12,316 shares during the quarter. Schwab US Large-Cap ETF accounts for 2.5% of Sawgrass Asset Management LLC’s investment portfolio, making the stock its 5th largest position. Sawgrass Asset Management LLC owned approximately 0.06% of Schwab US Large-Cap ETF worth $22,107,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in SCHX. Charles Schwab Investment Advisory Inc. grew its stake in shares of Schwab US Large-Cap ETF by 0.4% during the fourth quarter. Charles Schwab Investment Advisory Inc. now owns 96,674,149 shares of the company’s stock valued at $5,452,422,000 after acquiring an additional 395,462 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Schwab US Large-Cap ETF by 5.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 48,144,743 shares of the company’s stock valued at $2,715,363,000 after purchasing an additional 2,579,005 shares in the last quarter. Cerity Partners LLC boosted its stake in Schwab US Large-Cap ETF by 518.6% during the 4th quarter. Cerity Partners LLC now owns 28,300,987 shares of the company’s stock valued at $1,596,176,000 after acquiring an additional 23,726,348 shares during the last quarter. HBK Sorce Advisory LLC raised its stake in Schwab US Large-Cap ETF by 17.9% during the fourth quarter. HBK Sorce Advisory LLC now owns 10,281,650 shares of the company’s stock valued at $579,885,000 after buying an additional 1,559,108 shares in the last quarter. Finally, Moneta Group Investment Advisors LLC increased its position in Schwab US Large-Cap ETF by 2.9% in the 3rd quarter. Moneta Group Investment Advisors LLC now owns 7,231,947 shares of the company’s stock valued at $365,937,000 after acquiring an additional 205,013 shares during the period.

Schwab US Large-Cap ETF Price Performance

Shares of SCHX traded down $0.04 during midday trading on Wednesday, reaching $61.31. The stock had a trading volume of 797,635 shares, compared to its average volume of 1,810,476. The company has a market capitalization of $39.79 billion, a P/E ratio of 25.47 and a beta of 1.02. The firm’s 50 day moving average price is $60.78 and its 200-day moving average price is $57.29. Schwab US Large-Cap ETF has a 52 week low of $48.22 and a 52 week high of $62.24.

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.