Silver Lake Advisory LLC Acquires New Stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Silver Lake Advisory LLC bought a new position in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) in the 2nd quarter, HoldingsChannel.com reports. The firm bought 178,611 shares of the company’s stock, valued at approximately $11,476,000. Schwab US Large-Cap ETF makes up approximately 2.1% of Silver Lake Advisory LLC’s portfolio, making the stock its 10th largest position.

Other institutional investors have also added to or reduced their stakes in the company. Charles Schwab Investment Advisory Inc. grew its holdings in shares of Schwab US Large-Cap ETF by 1.0% during the first quarter. Charles Schwab Investment Advisory Inc. now owns 97,658,992 shares of the company’s stock worth $6,060,717,000 after purchasing an additional 984,843 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in Schwab US Large-Cap ETF by 5.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 48,144,743 shares of the company’s stock valued at $2,715,363,000 after purchasing an additional 2,579,005 shares during the last quarter. HBK Sorce Advisory LLC lifted its position in Schwab US Large-Cap ETF by 2.4% during the first quarter. HBK Sorce Advisory LLC now owns 10,524,610 shares of the company’s stock valued at $653,157,000 after purchasing an additional 242,960 shares during the last quarter. Campbell Wealth Management grew its stake in Schwab US Large-Cap ETF by 1.7% in the 4th quarter. Campbell Wealth Management now owns 4,584,708 shares of the company’s stock worth $258,578,000 after buying an additional 75,269 shares in the last quarter. Finally, Diversified LLC increased its holdings in shares of Schwab US Large-Cap ETF by 70.6% in the 1st quarter. Diversified LLC now owns 3,722,265 shares of the company’s stock worth $231,004,000 after buying an additional 1,539,781 shares during the last quarter.

Schwab US Large-Cap ETF Stock Up 0.2 %

Shares of NYSEARCA SCHX traded up $0.12 during mid-day trading on Friday, reaching $65.49. 833,987 shares of the company were exchanged, compared to its average volume of 1,661,511. Schwab US Large-Cap ETF has a 52 week low of $48.31 and a 52 week high of $66.83. The company’s 50 day moving average price is $64.47 and its 200 day moving average price is $62.08. The stock has a market capitalization of $42.69 billion, a PE ratio of 26.53 and a beta of 1.02.

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.