Pinnacle Wealth Management Advisory Group LLC Invests $240,000 in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Pinnacle Wealth Management Advisory Group LLC bought a new stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 10,865 shares of the company’s stock, valued at approximately $240,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Patten & Patten Inc. TN lifted its holdings in shares of Schwab US Large-Cap ETF by 10.2% during the first quarter. Patten & Patten Inc. TN now owns 18,447 shares of the company’s stock valued at $407,000 after purchasing an additional 1,713 shares during the last quarter. Financial Management Network Inc. grew its stake in shares of Schwab US Large-Cap ETF by 8.7% in the 1st quarter. Financial Management Network Inc. now owns 24,049 shares of the company’s stock worth $531,000 after buying an additional 1,922 shares during the last quarter. MJT & Associates Financial Advisory Group Inc. bought a new position in Schwab US Large-Cap ETF during the 1st quarter valued at approximately $5,618,000. Fairman Group LLC raised its position in shares of Schwab US Large-Cap ETF by 53.8% in the 1st quarter. Fairman Group LLC now owns 20,227 shares of the company’s stock worth $447,000 after purchasing an additional 7,072 shares during the last quarter. Finally, Pin Oak Investment Advisors Inc. raised its position in shares of Schwab US Large-Cap ETF by 200.0% in the 1st quarter. Pin Oak Investment Advisors Inc. now owns 6,000 shares of the company’s stock worth $132,000 after purchasing an additional 4,000 shares during the last quarter.

Schwab US Large-Cap ETF Stock Down 0.2%

Shares of SCHX opened at $25.18 on Wednesday. Schwab US Large-Cap ETF has a twelve month low of $19.00 and a twelve month high of $25.30. The company has a market capitalization of $57.68 billion, a P/E ratio of 25.66 and a beta of 1.01. The firm has a 50 day moving average of $24.14 and a 200 day moving average of $23.17.

About Schwab US Large-Cap ETF

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.