Schwab US Large-Cap ETF $SCHX is Bernard Wealth Management Corp.’s 2nd Largest Position

Bernard Wealth Management Corp. grew its holdings in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 3.4% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,340,706 shares of the company’s stock after buying an additional 43,529 shares during the quarter. Schwab US Large-Cap ETF accounts for about 14.7% of Bernard Wealth Management Corp.’s investment portfolio, making the stock its 2nd biggest position. Bernard Wealth Management Corp. owned 0.06% of Schwab US Large-Cap ETF worth $35,314,000 at the end of the most recent quarter.

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

Schwab US Large-Cap ETF Price Performance

Shares of SCHX opened at $27.06 on Tuesday. The firm has a market capitalization of $62.83 billion, a price-to-earnings 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. The company has a 50-day moving average of $26.71 and a 200 day moving average of $25.74.

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.