Retirement Planning Group LLC Makes New $2 Million Investment in Schwab US Large-Cap ETF $SCHX

Retirement Planning Group LLC purchased a new stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 66,563 shares of the company’s stock, valued at approximately $1,997,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Maia Wealth LLC grew its stake in shares of Schwab US Large-Cap ETF by 1.2% during the 3rd quarter. Maia Wealth LLC now owns 145,397 shares of the company’s stock valued at $4,362,000 after purchasing an additional 1,690 shares during the period. Tanager Wealth Management LLP purchased a new stake in shares of Schwab US Large-Cap ETF during the 3rd quarter valued at about $203,000. Richards Merrill & Peterson Inc. purchased a new stake in shares of Schwab US Large-Cap ETF during the 3rd quarter valued at about $105,000. Prairie Advisory LLC increased its position in shares of Schwab US Large-Cap ETF by 102.0% during the 3rd quarter. Prairie Advisory LLC now owns 18,754 shares of the company’s stock valued at $563,000 after purchasing an additional 9,472 shares during the last quarter. Finally, LexAurum Advisors LLC lifted its stake in shares of Schwab US Large-Cap ETF by 24.4% in the 3rd quarter. LexAurum Advisors LLC now owns 26,267 shares of the company’s stock worth $788,000 after purchasing an additional 5,145 shares during the period.

Schwab US Large-Cap ETF Stock Up 0.3%

Shares of NYSEARCA:SCHX opened at $30.23 on Wednesday. The firm’s 50 day moving average price is $30.27 and its 200-day moving average price is $29.40. Schwab US Large-Cap ETF has a twelve month low of $24.81 and a twelve month high of $30.79. The stock has a market capitalization of $74.42 billion, a PE ratio of 25.66 and a beta of 1.01.

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. 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.