Cetera Investment Advisers Buys 232,909 Shares of Schwab US Large-Cap ETF $SCHX

Cetera Investment Advisers increased its position in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 33.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 931,112 shares of the company’s stock after buying an additional 232,909 shares during the period. Cetera Investment Advisers’ holdings in Schwab US Large-Cap ETF were worth $22,756,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in SCHX. Truepoint Inc. grew its stake in Schwab US Large-Cap ETF by 230.9% in the second quarter. Truepoint Inc. now owns 853,353 shares of the company’s stock valued at $20,856,000 after acquiring an additional 595,498 shares during the period. Meridian Wealth Management LLC lifted its holdings in shares of Schwab US Large-Cap ETF by 3.7% in the 2nd quarter. Meridian Wealth Management LLC now owns 156,798 shares of the company’s stock worth $3,832,000 after purchasing an additional 5,614 shares in the last quarter. Foundations Investment Advisors LLC grew its position in Schwab US Large-Cap ETF by 12.8% in the 2nd quarter. Foundations Investment Advisors LLC now owns 1,092,428 shares of the company’s stock valued at $26,699,000 after purchasing an additional 123,552 shares during the period. Capstone Financial Advisors Inc. grew its position in Schwab US Large-Cap ETF by 9.2% in the 2nd quarter. Capstone Financial Advisors Inc. now owns 17,567 shares of the company’s stock valued at $429,000 after purchasing an additional 1,473 shares during the period. Finally, Advisors Capital Management LLC increased its stake in Schwab US Large-Cap ETF by 49.3% during the 2nd quarter. Advisors Capital Management LLC now owns 14,512 shares of the company’s stock valued at $355,000 after purchasing an additional 4,792 shares in the last quarter.

Schwab US Large-Cap ETF Trading Down 0.8%

Schwab US Large-Cap ETF stock opened at $26.06 on Wednesday. Schwab US Large-Cap ETF has a 1-year low of $19.00 and a 1-year high of $27.27. The firm has a market capitalization of $60.51 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01. The firm’s fifty day moving average price is $26.48 and its two-hundred day moving average price is $25.12.

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.