MassMutual Private Wealth & Trust FSB Increases Stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

On January 24, 2025, it was reported that MassMutual Private Wealth & Trust FSB significantly increased its ownership in the Schwab US Large-Cap ETF, indicated by a 535.3% rise in their stock position during the fourth quarter of the previous year. This institutional investor now holds 5,762 shares after acquiring an additional 4,855 shares over the quarter. By the end of this period, the value of MassMutual’s holdings in the ETF was approximately $134,000.

Other institutional investors have also been active in adjusting their positions in Schwab US Large-Cap ETF. For instance, Concourse Financial Group Securities Inc. raised its holdings by 224.3% in the third quarter, bringing their total to 373 shares valued at about $25,000 after purchasing 258 additional shares. In the fourth quarter, Versant Capital Management Inc. increased its stake by 201.0%, resulting in ownership of 1,261 shares worth $29,000 after acquiring 842 shares.

Additionally, IFS Advisors LLC entered a new position in the ETF worth $30,000, while Brooklyn Investment Group also acquired a new stake valued at $32,000 during the same quarter. Rise Advisors LLC made a substantial increase in their position by 459.5%, ultimately owning 1,410 shares valued at $33,000 after purchasing another 1,158 shares last quarter.

Market Performance of Schwab US Large-Cap ETF

As of last Friday, Schwab US Large-Cap ETF shares opened at $24.19. The ETF’s 50-day moving average stands at $23.61, with the 200-day moving average at $22.69. Its market capitalization is reported at $15.77 billion, featuring a price-to-earnings (P/E) ratio of 26.53 and a beta of 1.02, indicating its volatility in comparison to the broader market. Over the past year, the ETF recorded a low of $19.08 and a high of $24.19.

About Schwab US Large-Cap ETF

The Schwab U.S. Large-Cap ETF aims to track the overall performance of the Dow Jones U.S. Large-Cap Total Stock Market Index. This index encapsulates the large-cap segment of the Dow Jones U.S. Total Stock Market Index, consisting of the top 750 companies ranked by full market capitalization. The fund is structured to provide investors with diversified exposure to large-cap equities.

Further Information

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