Financial Solutions Advisory Group Inc. Takes $70.78 Million Position in Schwab US Large-Cap ETF $SCHX

Financial Solutions Advisory Group Inc. purchased a new position in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 2,760,441 shares of the company’s stock, valued at approximately $70,778,000. Schwab US Large-Cap ETF comprises 9.8% of Financial Solutions Advisory Group Inc.’s investment portfolio, making the stock its 2nd largest holding. Financial Solutions Advisory Group Inc. owned about 0.11% of Schwab US Large-Cap ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Bfsg LLC boosted its position in Schwab US Large-Cap ETF by 0.8% during the 4th quarter. Bfsg LLC now owns 49,029 shares of the company’s stock worth $1,319,000 after buying an additional 374 shares during the period. Revisor Wealth Management LLC increased its position in Schwab US Large-Cap ETF by 0.7% in the 1st quarter. Revisor Wealth Management LLC now owns 54,692 shares of the company’s stock valued at $1,402,000 after acquiring an additional 377 shares during the period. Sound Stewardship LLC increased its position in Schwab US Large-Cap ETF by 2.6% in the 4th quarter. Sound Stewardship LLC now owns 14,789 shares of the company’s stock valued at $398,000 after acquiring an additional 381 shares during the period. Carmel Capital Partners LLC raised its stake in shares of Schwab US Large-Cap ETF by 2.0% during the first quarter. Carmel Capital Partners LLC now owns 20,088 shares of the company’s stock valued at $515,000 after acquiring an additional 385 shares during the last quarter. Finally, Traub Capital Management LLC raised its stake in shares of Schwab US Large-Cap ETF by 2.6% during the fourth quarter. Traub Capital Management LLC now owns 15,891 shares of the company’s stock valued at $428,000 after acquiring an additional 400 shares during the last quarter.

Schwab US Large-Cap ETF Stock Up 0.6%

Shares of Schwab US Large-Cap ETF stock opened at $29.44 on Friday. Schwab US Large-Cap ETF has a twelve month low of $24.52 and a twelve month high of $29.95. The stock has a market cap of $71.82 billion, a price-to-earnings ratio of 25.66 and a beta of 1.00. The company’s fifty day moving average is $29.37 and its 200 day moving average is $27.98.

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.