251,254 Shares in Schwab US Large-Cap ETF $SCHX Bought by Summit Financial Consulting LLC

Summit Financial Consulting LLC bought a new stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 251,254 shares of the company’s stock, valued at approximately $6,618,000. Schwab US Large-Cap ETF comprises 5.3% of Summit Financial Consulting LLC’s holdings, making the stock its 9th biggest holding.

Other institutional investors have also modified their holdings of the company. Crews Bank & Trust acquired a new stake in shares of Schwab US Large-Cap ETF in the 2nd quarter worth about $26,000. Orion Capital Management LLC bought a new position in Schwab US Large-Cap ETF in the 1st quarter worth about $27,000. DiNuzzo Private Wealth Inc. increased its stake in shares of Schwab US Large-Cap ETF by 61.2% in the third quarter. DiNuzzo Private Wealth Inc. now owns 1,093 shares of the company’s stock valued at $28,000 after purchasing an additional 415 shares during the period. S.A. Mason LLC bought a new stake in shares of Schwab US Large-Cap ETF during the second quarter valued at approximately $29,000. Finally, Moser Wealth Advisors LLC acquired a new position in shares of Schwab US Large-Cap ETF during the second quarter worth approximately $32,000.

Schwab US Large-Cap ETF Price Performance

Shares of SCHX stock opened at $27.17 on Wednesday. Schwab US Large-Cap ETF has a 12-month low of $19.00 and a 12-month high of $27.27. The firm has a market capitalization of $63.09 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01. The business has a 50 day simple moving average of $26.72 and a 200 day simple moving average of $25.76.

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.