Charles Schwab Trust Co Boosts Stock Position in Schwab US Large-Cap ETF $SCHX

Charles Schwab Trust Co grew its holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 6.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,164,209 shares of the company’s stock after acquiring an additional 268,464 shares during the quarter. Schwab US Large-Cap ETF accounts for about 7.4% of Charles Schwab Trust Co’s investment portfolio, making the stock its 3rd largest holding. Charles Schwab Trust Co owned about 0.18% of Schwab US Large-Cap ETF worth $109,685,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of SCHX. Seneca House Advisors increased its stake in Schwab US Large-Cap ETF by 13.6% during the 3rd quarter. Seneca House Advisors now owns 57,113 shares of the company’s stock worth $1,504,000 after purchasing an additional 6,844 shares in the last quarter. Red Door Wealth Management LLC boosted its holdings in shares of Schwab US Large-Cap ETF by 0.6% in the third quarter. Red Door Wealth Management LLC now owns 1,916,215 shares of the company’s stock valued at $50,473,000 after buying an additional 12,355 shares during the period. Flputnam Investment Management Co. increased its position in shares of Schwab US Large-Cap ETF by 8.4% during the third quarter. Flputnam Investment Management Co. now owns 559,758 shares of the company’s stock worth $14,744,000 after acquiring an additional 43,401 shares in the last quarter. Fairvoy Private Wealth LLC raised its holdings in shares of Schwab US Large-Cap ETF by 4.6% during the third quarter. Fairvoy Private Wealth LLC now owns 10,379 shares of the company’s stock worth $273,000 after acquiring an additional 455 shares during the period. Finally, Abound Wealth Management lifted its position in Schwab US Large-Cap ETF by 0.5% in the 3rd quarter. Abound Wealth Management now owns 789,205 shares of the company’s stock valued at $20,788,000 after acquiring an additional 3,818 shares in the last quarter.

Schwab US Large-Cap ETF Trading Up 1.0%

Shares of NYSEARCA SCHX opened at $26.88 on Friday. The company has a fifty day moving average price of $26.69 and a 200 day moving average price of $25.70. The firm has a market cap of $62.42 billion, a PE ratio of 25.66 and a beta of 1.01. Schwab US Large-Cap ETF has a 1-year low of $19.00 and a 1-year high of $27.27.

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. 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.