Schwab US Large-Cap ETF $SCHX Stock: Summit Financial Consulting LLC Decreases Holdings

Summit Financial Consulting LLC trimmed its stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 38.1% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 311,137 shares of the company’s stock after selling 191,546 shares during the period. Schwab US Large-Cap ETF comprises approximately 6.9% of Summit Financial Consulting LLC’s investment portfolio, making the stock its 4th biggest position. Summit Financial Consulting LLC’s holdings in Schwab US Large-Cap ETF were worth $9,334,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Sei Investments Co. lifted its holdings in Schwab US Large-Cap ETF by 5.0% during the 1st quarter. Sei Investments Co. now owns 32,528,571 shares of the company’s stock worth $834,033,000 after buying an additional 1,554,760 shares during the period. Koss Olinger Consulting LLC increased its stake in shares of Schwab US Large-Cap ETF by 4.9% in the first quarter. Koss Olinger Consulting LLC now owns 10,490,753 shares of the company’s stock valued at $268,983,000 after buying an additional 492,244 shares during the period. Bank of America Corp DE increased its stake in shares of Schwab US Large-Cap ETF by 11.7% in the first quarter. Bank of America Corp DE now owns 10,076,451 shares of the company’s stock valued at $258,360,000 after buying an additional 1,054,612 shares during the period. Farther Finance Advisors LLC increased its stake in shares of Schwab US Large-Cap ETF by 25.6% in the third quarter. Farther Finance Advisors LLC now owns 7,460,996 shares of the company’s stock valued at $223,830,000 after buying an additional 1,521,618 shares during the period. Finally, SigFig Wealth Management LLC increased its stake in shares of Schwab US Large-Cap ETF by 226.8% in the third quarter. SigFig Wealth Management LLC now owns 6,835,181 shares of the company’s stock valued at $205,055,000 after buying an additional 4,743,566 shares during the period.

Schwab US Large-Cap ETF Price Performance

Shares of SCHX opened at $30.35 on Friday. Schwab US Large-Cap ETF has a 1 year low of $24.81 and a 1 year high of $30.79. The company has a market capitalization of $74.64 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01. The business has a 50-day moving average of $30.30 and a 200-day moving average of $29.30.

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. The Index is a float-adjusted market capitalization weighted index. The types of derivatives used by the Fund are options, futures, options on futures and swaps.