Schwab US Large-Cap ETF $SCHX Stake Raised by Powers Advisory Group LLC

Powers Advisory Group LLC increased its position in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 0.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,207,947 shares of the company’s stock after buying an additional 10,106 shares during the period. Schwab US Large-Cap ETF accounts for about 13.0% of Powers Advisory Group LLC’s investment portfolio, making the stock its biggest position. Powers Advisory Group LLC’s holdings in Schwab US Large-Cap ETF were worth $29,522,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Harbor Investment Advisory LLC purchased a new stake in shares of Schwab US Large-Cap ETF in the first quarter worth about $25,000. S.A. Mason LLC purchased a new stake in shares of Schwab US Large-Cap ETF in the second quarter worth about $29,000. Orion Capital Management LLC purchased a new stake in shares of Schwab US Large-Cap ETF in the first quarter worth about $27,000. Bridge Generations Wealth Management LLC lifted its position in shares of Schwab US Large-Cap ETF by 238.7% in the first quarter. Bridge Generations Wealth Management LLC now owns 1,592 shares of the company’s stock worth $35,000 after buying an additional 1,122 shares in the last quarter. Finally, Quest 10 Wealth Builders Inc. lifted its position in shares of Schwab US Large-Cap ETF by 864.5% in the first quarter. Quest 10 Wealth Builders Inc. now owns 1,630 shares of the company’s stock worth $36,000 after buying an additional 1,461 shares in the last quarter.

Schwab US Large-Cap ETF Price Performance

Shares of NYSEARCA SCHX opened at $26.34 on Wednesday. The business’s 50 day moving average is $25.60 and its two-hundred day moving average is $23.83. Schwab US Large-Cap ETF has a 1-year low of $19.00 and a 1-year high of $26.51. The stock has a market capitalization of $60.47 billion, a P/E ratio of 25.66 and a beta of 1.01.

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.