Schwab US Large-Cap ETF $SCHX is Prosperity Wealth Management Inc.’s Largest Position

Prosperity Wealth Management Inc. raised its holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 8.0% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 872,599 shares of the company’s stock after buying an additional 64,771 shares during the period. Schwab US Large-Cap ETF makes up approximately 7.9% of Prosperity Wealth Management Inc.’s portfolio, making the stock its largest position. Prosperity Wealth Management Inc.’s holdings in Schwab US Large-Cap ETF were worth $21,326,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Dumont & Blake Investment Advisors LLC boosted its position in Schwab US Large-Cap ETF by 3.4% in the 2nd quarter. Dumont & Blake Investment Advisors LLC now owns 13,043 shares of the company’s stock valued at $319,000 after buying an additional 433 shares during the period. Asset Management Group Inc. raised its holdings in shares of Schwab US Large-Cap ETF by 0.3% in the 1st quarter. Asset Management Group Inc. now owns 175,006 shares of the company’s stock valued at $3,864,000 after purchasing an additional 452 shares in the last quarter. Westbourne Investments Inc. raised its holdings in shares of Schwab US Large-Cap ETF by 0.7% in the 2nd quarter. Westbourne Investments Inc. now owns 69,563 shares of the company’s stock valued at $1,700,000 after purchasing an additional 455 shares in the last quarter. Ascent Group LLC raised its holdings in shares of Schwab US Large-Cap ETF by 1.7% in the 1st quarter. Ascent Group LLC now owns 28,911 shares of the company’s stock valued at $638,000 after purchasing an additional 470 shares in the last quarter. Finally, FSM Wealth Advisors LLC raised its holdings in shares of Schwab US Large-Cap ETF by 1.1% in the 2nd quarter. FSM Wealth Advisors LLC now owns 48,010 shares of the company’s stock valued at $1,181,000 after purchasing an additional 523 shares in the last quarter.

Schwab US Large-Cap ETF Trading Up 0.3%

Shares of SCHX opened at $26.97 on Friday. Schwab US Large-Cap ETF has a twelve month low of $19.00 and a twelve month high of $27.27. The firm’s fifty day simple moving average is $26.23 and its 200-day simple moving average is $24.65. The firm has a market capitalization of $62.61 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01.

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.