Adams Wealth Management lessened its position in Schwab US Large-Cap ETF (NYSEARCA:SCHX – Free Report) by 2.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,641,984 shares of the company’s stock after selling 60,216 shares during the quarter. Schwab US Large-Cap ETF accounts for approximately 12.3% of Adams Wealth Management’s portfolio, making the stock its largest holding. Adams Wealth Management’s holdings in Schwab US Large-Cap ETF were worth $64,570,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently made changes to their positions in SCHX. Brighton Jones LLC boosted its stake in shares of Schwab US Large-Cap ETF by 198.5% during the fourth quarter. Brighton Jones LLC now owns 211,330 shares of the company’s stock valued at $4,899,000 after purchasing an additional 140,539 shares during the period. Kovitz Investment Group Partners LLC increased its position in Schwab US Large-Cap ETF by 70.3% during the 1st quarter. Kovitz Investment Group Partners LLC now owns 168,380 shares of the company’s stock valued at $3,718,000 after purchasing an additional 69,483 shares during the period. Raymond James Financial Inc. lifted its position in shares of Schwab US Large-Cap ETF by 3.3% in the 1st quarter. Raymond James Financial Inc. now owns 2,277,566 shares of the company’s stock worth $50,289,000 after purchasing an additional 73,592 shares during the period. Ethos Financial Group LLC raised its stake in Schwab US Large-Cap ETF by 0.5% in the first quarter. Ethos Financial Group LLC now owns 1,026,046 shares of the company’s stock worth $23,778,000 after buying an additional 5,485 shares in the last quarter. Finally, Cascade Financial Partners LLC lifted its holdings in Schwab US Large-Cap ETF by 1.8% in the first quarter. Cascade Financial Partners LLC now owns 33,645 shares of the company’s stock worth $743,000 after buying an additional 580 shares during the period.
Schwab US Large-Cap ETF Trading Down 1.1%
Shares of SCHX stock opened at $26.85 on Monday. The company’s fifty day moving average price is $26.66 and its 200-day moving average price is $25.60. The stock has a market cap of $62.35 billion, a PE ratio of 25.66 and a beta of 1.01. Schwab US Large-Cap ETF has a 12 month low of $19.00 and a 12 month high of $27.27.
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.
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