Arbor Trust Wealth Advisors LLC Has $6.63 Million Stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Arbor Trust Wealth Advisors LLC raised its holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 197.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 285,947 shares of the company’s stock after purchasing an additional 189,972 shares during the quarter. Schwab US Large-Cap ETF accounts for approximately 3.1% of Arbor Trust Wealth Advisors LLC’s investment portfolio, making the stock its 8th biggest position. Arbor Trust Wealth Advisors LLC’s holdings in Schwab US Large-Cap ETF were worth $6,628,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of SCHX. Concourse Financial Group Securities Inc. grew its position in Schwab US Large-Cap ETF by 224.3% in the third quarter. Concourse Financial Group Securities Inc. now owns 373 shares of the company’s stock valued at $25,000 after acquiring an additional 258 shares during the last quarter. City State Bank bought a new stake in shares of Schwab US Large-Cap ETF during the 3rd quarter valued at approximately $42,000. Marquette Asset Management LLC acquired a new position in Schwab US Large-Cap ETF during the 3rd quarter worth approximately $43,000. Strategic Investment Solutions Inc. IL bought a new position in Schwab US Large-Cap ETF in the 2nd quarter valued at approximately $45,000. Finally, Cornerstone Planning Group LLC lifted its stake in Schwab US Large-Cap ETF by 200.8% in the 3rd quarter. Cornerstone Planning Group LLC now owns 791 shares of the company’s stock valued at $54,000 after purchasing an additional 528 shares during the last quarter.

Schwab US Large-Cap ETF Stock Performance

NYSEARCA SCHX opened at $23.71 on Friday. The firm’s fifty day moving average price is $23.60 and its two-hundred day moving average price is $22.64. The stock has a market cap of $15.46 billion, a PE ratio of 26.53 and a beta of 1.02. Schwab US Large-Cap ETF has a fifty-two week low of $18.66 and a fifty-two week high of $24.19.

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.