Integrated Wealth Concepts LLC Has $116.76 Million Stake in Schwab US Large-Cap ETF $SCHX

Integrated Wealth Concepts LLC lifted its stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 13.7% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,967,273 shares of the company’s stock after purchasing an additional 479,547 shares during the quarter. Schwab US Large-Cap ETF accounts for 0.7% of Integrated Wealth Concepts LLC’s portfolio, making the stock its 23rd largest position. Integrated Wealth Concepts LLC’s holdings in Schwab US Large-Cap ETF were worth $116,757,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. Brighton Jones LLC grew its holdings in shares of Schwab US Large-Cap ETF by 198.5% during the 4th quarter. Brighton Jones LLC now owns 211,330 shares of the company’s stock valued at $4,899,000 after acquiring an additional 140,539 shares in the last quarter. Russell Investments Group Ltd. raised its holdings in shares of Schwab US Large-Cap ETF by 33.3% during the second quarter. Russell Investments Group Ltd. now owns 62,112 shares of the company’s stock worth $1,518,000 after acquiring an additional 15,522 shares in the last quarter. First Trust Advisors LP acquired a new stake in Schwab US Large-Cap ETF during the second quarter valued at $633,000. Baird Financial Group Inc. grew its stake in Schwab US Large-Cap ETF by 25.1% in the second quarter. Baird Financial Group Inc. now owns 35,076 shares of the company’s stock valued at $857,000 after purchasing an additional 7,045 shares in the last quarter. Finally, Ieq Capital LLC increased its position in Schwab US Large-Cap ETF by 9.1% in the 2nd quarter. Ieq Capital LLC now owns 247,992 shares of the company’s stock worth $6,061,000 after purchasing an additional 20,758 shares during the last quarter.

Schwab US Large-Cap ETF Price Performance

SCHX opened at $30.19 on Wednesday. The company has a market capitalization of $73.65 billion, a PE ratio of 25.66 and a beta of 1.00. The business has a 50-day moving average of $29.90 and a 200-day moving average of $28.59. Schwab US Large-Cap ETF has a fifty-two week low of $24.81 and a fifty-two week 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.