Farther Finance Advisors LLC Acquires 2,433,348 Shares of Schwab US Large-Cap ETF $SCHX

Farther Finance Advisors LLC lifted its holdings in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 531.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,890,979 shares of the company’s stock after purchasing an additional 2,433,348 shares during the quarter. Schwab US Large-Cap ETF comprises approximately 1.1% of Farther Finance Advisors LLC’s investment portfolio, making the stock its 10th biggest position. Farther Finance Advisors LLC owned 0.12% of Schwab US Large-Cap ETF worth $76,148,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of SCHX. Crews Bank & Trust purchased a new position in Schwab US Large-Cap ETF during the second quarter worth about $26,000. Orion Capital Management LLC purchased a new stake in shares of Schwab US Large-Cap ETF in the 1st quarter valued at approximately $27,000. S.A. Mason LLC acquired a new position in shares of Schwab US Large-Cap ETF in the 2nd quarter worth approximately $29,000. Moser Wealth Advisors LLC acquired a new position in shares of Schwab US Large-Cap ETF in the 2nd quarter worth approximately $32,000. Finally, Mid American Wealth Advisory Group Inc. purchased a new position in shares of Schwab US Large-Cap ETF during the 2nd quarter worth approximately $33,000.

Schwab US Large-Cap ETF Stock Performance

Schwab US Large-Cap ETF stock opened at $27.06 on Tuesday. The company has a market capitalization of $62.83 billion, a PE ratio of 25.66 and a beta of 1.01. Schwab US Large-Cap ETF has a fifty-two week low of $19.00 and a fifty-two week high of $27.27. The firm has a 50 day moving average price of $26.71 and a 200 day moving average price of $25.74.

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. 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.