Schwab US Large-Cap ETF (NYSEARCA:SCHX) Shares Bought by Independent Wealth Network Inc.

Independent Wealth Network Inc. lifted its position in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 37.8% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,253 shares of the company’s stock after acquiring an additional 2,539 shares during the quarter. Independent Wealth Network Inc.’s holdings in Schwab US Large-Cap ETF were worth $485,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Adirondack Retirement Specialists Inc. acquired a new position in Schwab US Large-Cap ETF during the 4th quarter worth $25,000. Gradient Investments LLC raised its stake in shares of Schwab US Large-Cap ETF by 111.8% in the 2nd quarter. Gradient Investments LLC now owns 576 shares of the company’s stock worth $30,000 after buying an additional 304 shares in the last quarter. Silicon Valley Capital Partners raised its stake in shares of Schwab US Large-Cap ETF by 102.4% in the 1st quarter. Silicon Valley Capital Partners now owns 581 shares of the company’s stock worth $28,000 after buying an additional 294 shares in the last quarter. Baltimore Washington Financial Advisors Inc. bought a new stake in shares of Schwab US Large-Cap ETF in the 1st quarter worth $10,728,000. Finally, Stonebridge Capital Advisors LLC bought a new stake in shares of Schwab US Large-Cap ETF in the 4th quarter worth $32,000.

Schwab US Large-Cap ETF Price Performance

Shares of SCHX traded down $0.34 during midday trading on Tuesday, reaching $52.33. The stock had a trading volume of 454,191 shares, compared to its average volume of 1,580,878. Schwab US Large-Cap ETF has a 52 week low of $41.20 and a 52 week high of $54.38. The firm’s 50 day moving average price is $52.96 and its 200-day moving average price is $50.42. The company has a market capitalization of $33.50 billion, a P/E ratio of 18.28 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.