Fortis Capital Management LLC increased its stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX – Free Report) by 5.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,264,795 shares of the company’s stock after purchasing an additional 61,505 shares during the quarter. Schwab US Large-Cap ETF makes up approximately 4.7% of Fortis Capital Management LLC’s holdings, making the stock its 2nd largest holding. Fortis Capital Management LLC’s holdings in Schwab US Large-Cap ETF were worth $33,315,000 at the end of the most recent reporting period.
Several other institutional investors have also recently added to or reduced their stakes in the company. Arbor Trust Wealth Advisors LLC grew its holdings in shares of Schwab US Large-Cap ETF by 4.6% during the third quarter. Arbor Trust Wealth Advisors LLC now owns 279,291 shares of the company’s stock worth $7,357,000 after buying an additional 12,218 shares in the last quarter. Sound View Wealth Advisors Group LLC boosted its position in Schwab US Large-Cap ETF by 2.0% during the third quarter. Sound View Wealth Advisors Group LLC now owns 977,104 shares of the company’s stock worth $25,737,000 after acquiring an additional 19,577 shares during the last quarter. Bleakley Financial Group LLC grew its stake in Schwab US Large-Cap ETF by 9.8% in the 3rd quarter. Bleakley Financial Group LLC now owns 1,796,232 shares of the company’s stock worth $47,313,000 after acquiring an additional 160,126 shares during the period. AMJ Financial Wealth Management acquired a new position in Schwab US Large-Cap ETF in the 3rd quarter valued at $206,000. Finally, Citigroup Inc. lifted its stake in shares of Schwab US Large-Cap ETF by 15.3% during the 3rd quarter. Citigroup Inc. now owns 236,978 shares of the company’s stock worth $6,242,000 after purchasing an additional 31,460 shares during the period.
Schwab US Large-Cap ETF Stock Up 0.6%
Shares of NYSEARCA:SCHX opened at $27.18 on Monday. The company has a market cap of $64.25 billion, a P/E ratio of 25.66 and a beta of 1.01. Schwab US Large-Cap ETF has a 52 week low of $19.00 and a 52 week high of $27.54. The business has a fifty day simple moving average of $27.13 and a 200-day simple moving average of $26.57.
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.
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