Schwab US Large-Cap ETF $SCHX is McAdam LLC’s Largest Position

McAdam LLC increased its position in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 3.5% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 9,633,628 shares of the company’s stock after buying an additional 329,547 shares during the period. Schwab US Large-Cap ETF accounts for about 12.5% of McAdam LLC’s holdings, making the stock its largest holding. McAdam LLC’s holdings in Schwab US Large-Cap ETF were worth $253,750,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Crews Bank & Trust purchased a new position in shares of Schwab US Large-Cap ETF in the 2nd quarter worth about $26,000. DiNuzzo Private Wealth Inc. increased its position in Schwab US Large-Cap ETF by 61.2% during the 3rd quarter. DiNuzzo Private Wealth Inc. now owns 1,093 shares of the company’s stock worth $28,000 after purchasing an additional 415 shares in the last quarter. Moser Wealth Advisors LLC acquired a new stake in Schwab US Large-Cap ETF during the 2nd quarter worth approximately $32,000. Mid American Wealth Advisory Group Inc. purchased a new position in Schwab US Large-Cap ETF in the second quarter valued at approximately $33,000. Finally, Concord Wealth Partners acquired a new position in Schwab US Large-Cap ETF during the second quarter valued at approximately $41,000.

Schwab US Large-Cap ETF Stock Down 2.0%

SCHX opened at $26.78 on Wednesday. Schwab US Large-Cap ETF has a 52-week low of $19.00 and a 52-week high of $27.50. The company has a 50 day moving average of $26.92 and a two-hundred day moving average of $26.21. The company has a market cap of $63.23 billion, a P/E ratio of 25.66 and a beta of 1.01.

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.