Summit Financial LLC Has $16.85 Million Stock Position in Schwab US Large-Cap ETF $SCHX

Summit Financial LLC grew its stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 19.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 626,200 shares of the company’s stock after purchasing an additional 102,697 shares during the quarter. Summit Financial LLC’s holdings in Schwab US Large-Cap ETF were worth $16,851,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the stock. Moneta Group Investment Advisors LLC lifted its stake in shares of Schwab US Large-Cap ETF by 3.0% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 35,831,024 shares of the company’s stock valued at $964,213,000 after purchasing an additional 1,051,978 shares during the period. HBK Sorce Advisory LLC lifted its stake in shares of Schwab US Large-Cap ETF by 1.3% in the 4th quarter. HBK Sorce Advisory LLC now owns 34,479,165 shares of the company’s stock valued at $939,212,000 after purchasing an additional 437,374 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Schwab US Large-Cap ETF by 5.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 30,984,972 shares of the company’s stock valued at $833,806,000 after purchasing an additional 1,546,669 shares during the period. Sage Financial Group Inc. lifted its stake in shares of Schwab US Large-Cap ETF by 0.8% in the 3rd quarter. Sage Financial Group Inc. now owns 25,009,642 shares of the company’s stock valued at $658,754,000 after purchasing an additional 199,289 shares during the period. Finally, Cerity Partners LLC lifted its stake in shares of Schwab US Large-Cap ETF by 0.7% in the 4th quarter. Cerity Partners LLC now owns 18,990,659 shares of the company’s stock valued at $511,039,000 after purchasing an additional 126,434 shares during the period.

Schwab US Large-Cap ETF Stock Up 0.5%

SCHX stock opened at $29.21 on Friday. The business’s fifty day moving average is $28.43 and its 200-day moving average is $27.41. The company has a market cap of $70.44 billion, a P/E ratio of 25.66 and a beta of 1.01. Schwab US Large-Cap ETF has a twelve month low of $23.50 and a twelve month high of $29.95.

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. 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.