Independent Financial Group LLC Acquires New Stake in Schwab US Large-Cap ETF $SCHX

Independent Financial Group LLC acquired a new position in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 82,591 shares of the company’s stock, valued at approximately $2,118,000.

Several other institutional investors have also recently added to or reduced their stakes in SCHX. Brighton Jones LLC lifted its stake in shares of Schwab US Large-Cap ETF by 198.5% during the fourth quarter. Brighton Jones LLC now owns 211,330 shares of the company’s stock valued at $4,899,000 after buying an additional 140,539 shares during the period. Russell Investments Group Ltd. grew its stake in Schwab US Large-Cap ETF by 33.3% in the 2nd quarter. Russell Investments Group Ltd. now owns 62,112 shares of the company’s stock worth $1,518,000 after acquiring an additional 15,522 shares during the period. First Trust Advisors LP purchased a new stake in Schwab US Large-Cap ETF in the 2nd quarter worth approximately $633,000. Baird Financial Group Inc. raised its holdings in Schwab US Large-Cap ETF by 25.1% in the 2nd quarter. Baird Financial Group Inc. now owns 35,076 shares of the company’s stock valued at $857,000 after acquiring an additional 7,045 shares during the last quarter. Finally, Ieq Capital LLC raised its holdings in Schwab US Large-Cap ETF by 9.1% in the 2nd quarter. Ieq Capital LLC now owns 247,992 shares of the company’s stock valued at $6,061,000 after acquiring an additional 20,758 shares during the last quarter.

Schwab US Large-Cap ETF Stock Down 1.0%

Shares of Schwab US Large-Cap ETF stock opened at $29.31 on Friday. Schwab US Large-Cap ETF has a fifty-two week low of $24.52 and a fifty-two week high of $29.95. The business’s fifty day moving average is $29.35 and its two-hundred day moving average is $27.84. The firm has a market cap of $71.36 billion, a PE ratio of 25.66 and a beta of 1.00.

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. 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.