Floyd Financial Group LLC Invests $12.33 Million in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Floyd Financial Group LLC acquired a new stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 535,768 shares of the company’s stock, valued at approximately $12,333,000. Schwab US Large-Cap ETF comprises approximately 10.1% of Floyd Financial Group LLC’s investment portfolio, making the stock its largest holding. Floyd Financial Group LLC owned about 0.08% of Schwab US Large-Cap ETF at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in SCHX. Sierra Summit Advisors LLC lifted its stake in Schwab US Large-Cap ETF by 8.3% in the 2nd quarter. Sierra Summit Advisors LLC now owns 4,845 shares of the company’s stock valued at $311,000 after purchasing an additional 370 shares during the last quarter. Citizens Financial Group Inc. RI lifted its position in shares of Schwab US Large-Cap ETF by 161.7% in the second quarter. Citizens Financial Group Inc. RI now owns 9,642 shares of the company’s stock valued at $621,000 after buying an additional 5,957 shares during the last quarter. Renaissance Technologies LLC bought a new position in shares of Schwab US Large-Cap ETF during the 2nd quarter worth approximately $1,009,000. Marshall Financial Group Inc. ADV increased its holdings in shares of Schwab US Large-Cap ETF by 0.6% during the 2nd quarter. Marshall Financial Group Inc. ADV now owns 451,919 shares of the company’s stock worth $29,036,000 after acquiring an additional 2,826 shares during the last quarter. Finally, Dravo Bay LLC increased its holdings in shares of Schwab US Large-Cap ETF by 7.6% during the 2nd quarter. Dravo Bay LLC now owns 490,971 shares of the company’s stock worth $31,545,000 after acquiring an additional 34,648 shares during the last quarter.

Schwab US Large-Cap ETF Price Performance

Shares of Schwab US Large-Cap ETF stock opened at $23.10 on Wednesday. The company has a market capitalization of $15.06 billion, a price-to-earnings ratio of 26.53 and a beta of 1.02. The business has a fifty day simple moving average of $23.60 and a two-hundred day simple moving average of $22.61. Schwab US Large-Cap ETF has a 1 year low of $18.56 and a 1 year high of $24.19.

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.