Schwab US Large-Cap ETF $SCHX Stock: Meramec Financial Planners LLC Raises Position

Meramec Financial Planners LLC lifted its stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 11.3% during the third quarter, Holdings Channel reports. The fund owned 362,289 shares of the company’s stock after purchasing an additional 36,664 shares during the quarter. Schwab US Large-Cap ETF comprises 3.4% of Meramec Financial Planners LLC’s portfolio, making the stock its 10th biggest holding. Meramec Financial Planners LLC’s holdings in Schwab US Large-Cap ETF were worth $10,481,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Trust Co. of Vermont purchased a new stake in Schwab US Large-Cap ETF during the 2nd quarter worth about $26,000. Toth Financial Advisory Corp purchased a new position in Schwab US Large-Cap ETF in the 3rd quarter valued at about $27,000. Team Financial Group LLC purchased a new position in Schwab US Large-Cap ETF in the 3rd quarter valued at about $30,000. Next Level Wealth Planning LLC purchased a new position in Schwab US Large-Cap ETF in the 3rd quarter valued at about $32,000. Finally, TOP Private Wealth LLC. purchased a new position in Schwab US Large-Cap ETF in the 2nd quarter valued at about $42,000.

Schwab US Large-Cap ETF Trading Down 0.3%

Shares of Schwab US Large-Cap ETF stock traded down $0.10 during mid-day trading on Friday, hitting $29.68. 9,583,536 shares of the stock were exchanged, compared to its average volume of 15,481,628. Schwab US Large-Cap ETF has a twelve month low of $24.81 and a twelve month high of $30.79. The stock has a market capitalization of $73.34 billion, a price-to-earnings ratio of 23.70 and a beta of 1.01. The company has a 50-day simple moving average of $30.10 and a 200 day simple moving average of $28.83.

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. 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.