Orgel Wealth Management LLC Raises Position in Schwab US Large-Cap ETF $SCHX

Orgel Wealth Management LLC raised its stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 2.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,726,458 shares of the company’s stock after purchasing an additional 93,282 shares during the quarter. Schwab US Large-Cap ETF accounts for about 2.8% of Orgel Wealth Management LLC’s portfolio, making the stock its 15th biggest position. Orgel Wealth Management LLC’s holdings in Schwab US Large-Cap ETF were worth $115,515,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. US Bancorp DE increased its position in shares of Schwab US Large-Cap ETF by 5.2% during the first quarter. US Bancorp DE now owns 217,201,393 shares of the company’s stock valued at $4,795,807,000 after acquiring an additional 10,782,297 shares during the last quarter. HBK Sorce Advisory LLC increased its position in shares of Schwab US Large-Cap ETF by 2.8% during the first quarter. HBK Sorce Advisory LLC now owns 33,030,817 shares of the company’s stock valued at $729,320,000 after acquiring an additional 890,971 shares during the last quarter. Sage Financial Group Inc. increased its position in shares of Schwab US Large-Cap ETF by 1.9% during the first quarter. Sage Financial Group Inc. now owns 25,345,106 shares of the company’s stock valued at $559,620,000 after acquiring an additional 479,820 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of Schwab US Large-Cap ETF by 17.8% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 24,479,012 shares of the company’s stock valued at $540,497,000 after acquiring an additional 3,701,133 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its position in shares of Schwab US Large-Cap ETF by 17.7% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 19,566,506 shares of the company’s stock valued at $484,662,000 after acquiring an additional 2,942,434 shares during the last quarter.

Schwab US Large-Cap ETF Trading Up 0.5%

Shares of SCHX opened at $26.25 on Friday. The company has a market capitalization of $60.27 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01. The stock has a 50 day moving average of $25.36 and a 200 day moving average of $23.61. Schwab US Large-Cap ETF has a 12 month low of $19.00 and a 12 month high of $26.35.

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.