Kelman Lazarov Inc. Reduces Stake in Schwab US Large-Cap ETF $SCHX

Kelman Lazarov Inc. decreased its position in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 1.8% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 1,027,974 shares of the company’s stock after selling 18,752 shares during the quarter. Schwab US Large-Cap ETF comprises approximately 4.0% of Kelman Lazarov Inc.’s portfolio, making the stock its 8th largest holding. Kelman Lazarov Inc.’s holdings in Schwab US Large-Cap ETF were worth $27,077,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in SCHX. Brighton Jones LLC boosted its holdings in Schwab US Large-Cap ETF by 198.5% during the fourth quarter. Brighton Jones LLC now owns 211,330 shares of the company’s stock worth $4,899,000 after purchasing an additional 140,539 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its position in shares of Schwab US Large-Cap ETF by 14.7% during the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 12,290 shares of the company’s stock worth $300,000 after buying an additional 1,574 shares in the last quarter. Prosperity Wealth Management Inc. boosted its stake in shares of Schwab US Large-Cap ETF by 8.0% in the 2nd quarter. Prosperity Wealth Management Inc. now owns 872,599 shares of the company’s stock worth $21,326,000 after buying an additional 64,771 shares during the last quarter. TIAA Trust National Association grew its holdings in shares of Schwab US Large-Cap ETF by 1.9% in the second quarter. TIAA Trust National Association now owns 118,695 shares of the company’s stock valued at $2,901,000 after acquiring an additional 2,258 shares in the last quarter. Finally, Mission Wealth Management LP increased its position in shares of Schwab US Large-Cap ETF by 167.9% during the second quarter. Mission Wealth Management LP now owns 544,471 shares of the company’s stock valued at $13,307,000 after acquiring an additional 341,232 shares during the last quarter.

Schwab US Large-Cap ETF Trading Down 0.5%

SCHX stock opened at $27.06 on Monday. The stock’s fifty day simple moving average is $27.17 and its two-hundred day simple moving average is $26.64. Schwab US Large-Cap ETF has a 1-year low of $19.00 and a 1-year high of $27.54. The stock has a market cap of $63.97 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.