Summit Asset Management LLC Purchases 23,650 Shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Summit Asset Management LLC lifted its position in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 200.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 35,475 shares of the company’s stock after acquiring an additional 23,650 shares during the period. Summit Asset Management LLC’s holdings in Schwab US Large-Cap ETF were worth $822,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Sage Financial Group Inc. raised its position in shares of Schwab US Large-Cap ETF by 197.7% in the 4th quarter. Sage Financial Group Inc. now owns 24,865,286 shares of the company’s stock worth $576,377,000 after acquiring an additional 16,511,474 shares in the last quarter. US Bancorp DE raised its position in shares of Schwab US Large-Cap ETF by 43.8% in the 3rd quarter. US Bancorp DE now owns 20,593,427 shares of the company’s stock worth $1,397,264,000 after acquiring an additional 6,275,290 shares in the last quarter. Campbell Wealth Management raised its position in shares of Schwab US Large-Cap ETF by 208.8% in the 4th quarter. Campbell Wealth Management now owns 15,779,897 shares of the company’s stock worth $365,778,000 after acquiring an additional 10,670,574 shares in the last quarter. McAdam LLC raised its position in shares of Schwab US Large-Cap ETF by 210.5% in the 4th quarter. McAdam LLC now owns 10,339,604 shares of the company’s stock worth $239,672,000 after acquiring an additional 7,009,351 shares in the last quarter. Finally, JMG Financial Group Ltd. raised its position in shares of Schwab US Large-Cap ETF by 194.4% in the 4th quarter. JMG Financial Group Ltd. now owns 8,298,426 shares of the company’s stock worth $192,358,000 after acquiring an additional 5,480,099 shares in the last quarter.

Schwab US Large-Cap ETF Stock Performance

Shares of NYSEARCA:SCHX opened at $23.75 on Friday. Schwab US Large-Cap ETF has a 52-week low of $19.50 and a 52-week high of $24.31. The firm has a market capitalization of $53.20 billion, a P/E ratio of 26.64 and a beta of 1.02. The stock has a 50 day moving average price of $23.72 and a 200-day moving average price of $23.06.

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.