Schwab US Large-Cap ETF $SCHX is Morling Financial Advisors LLC’s 10th Largest Position

Morling Financial Advisors LLC trimmed its holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 4.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 449,003 shares of the company’s stock after selling 20,415 shares during the period. Schwab US Large-Cap ETF comprises about 3.6% of Morling Financial Advisors LLC’s investment portfolio, making the stock its 10th biggest position. Morling Financial Advisors LLC’s holdings in Schwab US Large-Cap ETF were worth $10,974,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in SCHX. US Bancorp DE lifted its holdings in Schwab US Large-Cap ETF by 5.2% in the 1st quarter. US Bancorp DE now owns 217,201,393 shares of the company’s stock worth $4,795,807,000 after purchasing an additional 10,782,297 shares in the last quarter. HBK Sorce Advisory LLC raised its position in shares of 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 buying an additional 495,450 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Schwab US Large-Cap ETF by 17.8% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 24,479,012 shares of the company’s stock worth $540,497,000 after buying an additional 3,701,133 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Schwab US Large-Cap ETF by 17.7% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 19,566,506 shares of the company’s stock worth $484,662,000 after buying an additional 2,942,434 shares in the last quarter. Finally, Diversified Enterprises LLC boosted its position in shares of Schwab US Large-Cap ETF by 5.7% during the second quarter. Diversified Enterprises LLC now owns 16,260,904 shares of the company’s stock worth $397,416,000 after acquiring an additional 873,214 shares during the last quarter.

Schwab US Large-Cap ETF Stock Performance

SCHX opened at $26.06 on Wednesday. The stock has a market capitalization of $60.51 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01. The company has a fifty day moving average of $26.48 and a 200 day moving average of $25.12. Schwab US Large-Cap ETF has a fifty-two week low of $19.00 and a fifty-two week high of $27.27.

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.