Pinion Investment Advisors LLC Sells 135,107 Shares of Schwab US Large-Cap ETF $SCHX

Pinion Investment Advisors LLC trimmed its stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 50.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 131,035 shares of the company’s stock after selling 135,107 shares during the quarter. Schwab US Large-Cap ETF comprises approximately 1.1% of Pinion Investment Advisors LLC’s investment portfolio, making the stock its 15th biggest position. Pinion Investment Advisors LLC’s holdings in Schwab US Large-Cap ETF were worth $3,202,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Stonebridge Financial Group LLC boosted its position in Schwab US Large-Cap ETF by 78.0% during the second quarter. Stonebridge Financial Group LLC now owns 12,734 shares of the company’s stock worth $311,000 after purchasing an additional 5,580 shares during the period. IFP Advisors Inc boosted its position in Schwab US Large-Cap ETF by 4.6% during the second quarter. IFP Advisors Inc now owns 592,045 shares of the company’s stock worth $14,470,000 after purchasing an additional 25,818 shares during the period. Lee Financial Co boosted its position in Schwab US Large-Cap ETF by 0.7% during the second quarter. Lee Financial Co now owns 346,728 shares of the company’s stock worth $8,474,000 after purchasing an additional 2,455 shares during the period. Blair William & Co. IL boosted its position in Schwab US Large-Cap ETF by 116.5% during the second quarter. Blair William & Co. IL now owns 230,325 shares of the company’s stock worth $5,629,000 after purchasing an additional 123,920 shares during the period. Finally, Mainstay Capital Management LLC ADV boosted its position in Schwab US Large-Cap ETF by 96.7% during the second quarter. Mainstay Capital Management LLC ADV now owns 34,008 shares of the company’s stock worth $831,000 after purchasing an additional 16,716 shares during the period.

Schwab US Large-Cap ETF Price Performance

SCHX stock opened at $26.57 on Friday. Schwab US Large-Cap ETF has a one year low of $19.00 and a one year high of $26.68. The stock has a market cap of $61.57 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01. The company has a fifty day moving average price of $25.79 and a two-hundred day moving average price of $24.02.

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.