Morling Financial Advisors LLC Has $9.19 Million Stock Position in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Morling Financial Advisors LLC grew its holdings in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 0.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 162,931 shares of the company’s stock after purchasing an additional 613 shares during the quarter. Schwab US Large-Cap ETF comprises approximately 7.4% of Morling Financial Advisors LLC’s portfolio, making the stock its 4th biggest holding. Morling Financial Advisors LLC’s holdings in Schwab US Large-Cap ETF were worth $9,189,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Providence Capital Advisors LLC bought a new position in Schwab US Large-Cap ETF during the third quarter worth about $26,000. Cordant Inc. boosted its position in shares of Schwab US Large-Cap ETF by 133.9% in the fourth quarter. Cordant Inc. now owns 594 shares of the company’s stock valued at $34,000 after acquiring an additional 340 shares during the period. Centerpoint Advisors LLC bought a new position in shares of Schwab US Large-Cap ETF in the third quarter valued at approximately $42,000. Fortitude Family Office LLC bought a new position in shares of Schwab US Large-Cap ETF in the fourth quarter valued at approximately $51,000. Finally, Gradient Investments LLC boosted its position in shares of Schwab US Large-Cap ETF by 71.5% in the third quarter. Gradient Investments LLC now owns 988 shares of the company’s stock valued at $50,000 after acquiring an additional 412 shares during the period.

Schwab US Large-Cap ETF Trading Down 0.1 %

Shares of SCHX stock traded down $0.04 during trading hours on Wednesday, reaching $59.93. The stock had a trading volume of 1,223,257 shares, compared to its average volume of 1,845,552. The stock’s fifty day simple moving average is $60.65 and its 200 day simple moving average is $56.64. Schwab US Large-Cap ETF has a 12 month low of $47.57 and a 12 month high of $62.24. The firm has a market capitalization of $38.83 billion, a PE ratio of 25.60 and a beta of 1.02.

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.