Merit Financial Group LLC Acquires 33,310 Shares of Schwab US Large-Cap ETF $SCHX

Merit Financial Group LLC lifted its holdings in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 7.7% during the 2nd quarter, Holdings Channel.com reports. The firm owned 465,081 shares of the company’s stock after buying an additional 33,310 shares during the quarter. Merit Financial Group LLC’s holdings in Schwab US Large-Cap ETF were worth $11,367,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Crews Bank & Trust bought a new stake in shares of Schwab US Large-Cap ETF in the 2nd quarter valued at about $26,000. S.A. Mason LLC purchased a new position in Schwab US Large-Cap ETF in the 2nd quarter worth approximately $29,000. Orion Capital Management LLC purchased a new position in Schwab US Large-Cap ETF in the 1st quarter worth approximately $27,000. Bridge Generations Wealth Management LLC increased its stake in Schwab US Large-Cap ETF by 238.7% in the 1st quarter. Bridge Generations Wealth Management LLC now owns 1,592 shares of the company’s stock worth $35,000 after purchasing an additional 1,122 shares during the period. Finally, Quest 10 Wealth Builders Inc. increased its stake in Schwab US Large-Cap ETF by 864.5% in the 1st quarter. Quest 10 Wealth Builders Inc. now owns 1,630 shares of the company’s stock worth $36,000 after purchasing an additional 1,461 shares during the period.

Schwab US Large-Cap ETF Stock Performance

Shares of Schwab US Large-Cap ETF stock opened at $26.48 on Friday. Schwab US Large-Cap ETF has a 52-week low of $19.00 and a 52-week high of $26.63. The stock has a market capitalization of $61.36 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01. The company’s 50 day moving average price is $25.68 and its 200-day moving average price is $23.92.

About Schwab US Large-Cap ETF

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.