David Wealth Management LLC Boosts Holdings in Schwab US Large-Cap ETF $SCHX

David Wealth Management LLC lifted its stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 25.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 57,775 shares of the company’s stock after acquiring an additional 11,660 shares during the period. Schwab US Large-Cap ETF accounts for about 1.1% of David Wealth Management LLC’s investment portfolio, making the stock its 13th largest position. David Wealth Management LLC’s holdings in Schwab US Large-Cap ETF were worth $1,412,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. US Bancorp DE grew its stake in shares of Schwab US Large-Cap ETF by 5.2% during the 1st quarter. US Bancorp DE now owns 217,201,393 shares of the company’s stock valued at $4,795,807,000 after buying an additional 10,782,297 shares during the period. Betterment LLC raised its position in shares of Schwab US Large-Cap ETF by 119.6% in the 1st quarter. Betterment LLC now owns 13,225,086 shares of the company’s stock worth $292,010,000 after buying an additional 7,201,786 shares during the period. Fund Evaluation Group LLC boosted its holdings in Schwab US Large-Cap ETF by 89.4% in the first quarter. Fund Evaluation Group LLC now owns 7,955,519 shares of the company’s stock valued at $175,658,000 after acquiring an additional 3,755,090 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in 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 period. Finally, Wealthspire Advisors LLC increased its stake in Schwab US Large-Cap ETF by 95.7% during the first quarter. Wealthspire Advisors LLC now owns 6,083,326 shares of the company’s stock worth $134,320,000 after acquiring an additional 2,974,256 shares during the last quarter.

Schwab US Large-Cap ETF Price Performance

Schwab US Large-Cap ETF stock opened at $26.48 on Monday. The company has a market cap of $61.36 billion, a price-to-earnings 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 $26.63. The stock’s 50-day moving average is $25.68 and its 200-day moving average is $23.93.

Schwab US Large-Cap ETF 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.