Schwab US Large-Cap ETF (NYSEARCA:SCHX) Trading Up 0.6% – What’s Next?

Schwab US Large-Cap ETF (NYSEARCA:SCHX) rose 0.6% during mid-day trading on Monday . The company traded as high as $23.56 and last traded at $23.54. Approximately 10,510,687 shares traded hands during trading, an increase of 88% from the average daily volume of 5,604,508 shares. The stock had previously closed at $23.41.

Schwab US Large-Cap ETF Stock Performance

The firm has a market cap of $15.52 billion, a P/E ratio of 26.53 and a beta of 1.02. The firm’s fifty day moving average is $23.45 and its 200 day moving average is $22.40.

Institutional Trading of Schwab US Large-Cap ETF

Several institutional investors have recently added to or reduced their stakes in the company. US Bancorp DE lifted its position in Schwab US Large-Cap ETF by 43.8% during the third quarter. US Bancorp DE now owns 20,593,427 shares of the company’s stock worth $1,397,264,000 after purchasing an additional 6,275,290 shares during the period. HBK Sorce Advisory LLC lifted its holdings in shares of Schwab US Large-Cap ETF by 0.7% during the 2nd quarter. HBK Sorce Advisory LLC now owns 10,593,466 shares of the company’s stock worth $680,640,000 after acquiring an additional 68,856 shares during the period. Sage Financial Group Inc. boosted its position in shares of Schwab US Large-Cap ETF by 2.5% during the 2nd quarter. Sage Financial Group Inc. now owns 8,378,315 shares of the company’s stock worth $538,307,000 after acquiring an additional 208,308 shares in the last quarter. Cerity Partners LLC boosted its position in shares of Schwab US Large-Cap ETF by 10.1% during the 3rd quarter. Cerity Partners LLC now owns 6,217,901 shares of the company’s stock worth $421,885,000 after acquiring an additional 567,858 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its stake in Schwab US Large-Cap ETF by 13.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 5,898,131 shares of the company’s stock valued at $379,043,000 after acquiring an additional 709,943 shares during the last quarter.

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.