MeadowBrook Investment Advisors LLC Has $3.95 Million Stock Holdings in Schwab US Large-Cap ETF $SCHX

MeadowBrook Investment Advisors LLC grew its position in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 1.7% in the second quarter, HoldingsChannel.com reports. The firm owned 161,631 shares of the company’s stock after acquiring an additional 2,718 shares during the period. Schwab US Large-Cap ETF accounts for approximately 3.6% of MeadowBrook Investment Advisors LLC’s investment portfolio, making the stock its 6th biggest holding. MeadowBrook Investment Advisors LLC’s holdings in Schwab US Large-Cap ETF were worth $3,950,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of SCHX. Grant Street Asset Management Inc. grew its stake in Schwab US Large-Cap ETF by 1.4% during the second quarter. Grant Street Asset Management Inc. now owns 368,790 shares of the company’s stock valued at $9,013,000 after acquiring an additional 5,012 shares in the last quarter. Assetmark Inc. grew its stake in Schwab US Large-Cap ETF by 1.3% during the second quarter. Assetmark Inc. now owns 7,070,345 shares of the company’s stock valued at $172,799,000 after acquiring an additional 94,012 shares in the last quarter. HBK Sorce Advisory LLC grew its stake in Schwab US Large-Cap ETF by 1.5% during the second quarter. HBK Sorce Advisory LLC now owns 33,526,267 shares of the company’s stock valued at $819,382,000 after acquiring an additional 495,450 shares in the last quarter. Arkadios Wealth Advisors grew its stake in Schwab US Large-Cap ETF by 308.4% during the second quarter. Arkadios Wealth Advisors now owns 101,913 shares of the company’s stock valued at $2,491,000 after acquiring an additional 76,959 shares in the last quarter. Finally, World Investment Advisors grew its stake in Schwab US Large-Cap ETF by 1,225.7% during the second quarter. World Investment Advisors now owns 1,635,660 shares of the company’s stock valued at $39,976,000 after acquiring an additional 1,512,278 shares in the last quarter.

Schwab US Large-Cap ETF Stock Performance

SCHX opened at $27.19 on Thursday. The stock has a market capitalization of $63.08 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01. The company has a fifty day moving average of $26.16 and a 200 day moving average of $24.57. Schwab US Large-Cap ETF has a fifty-two week low of $19.00 and a fifty-two week 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.