Austin Wealth Management LLC Has $300,000 Stake in Schwab US Large-Cap ETF $SCHX

Austin Wealth Management LLC reduced its stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 41.1% during the 2nd quarter, HoldingsChannel reports. The fund owned 11,979 shares of the company’s stock after selling 8,356 shares during the quarter. Austin Wealth Management LLC’s holdings in Schwab US Large-Cap ETF were worth $300,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in SCHX. CX Institutional raised its holdings in shares of Schwab US Large-Cap ETF by 27,108.8% in the second quarter. CX Institutional now owns 62,036 shares of the company’s stock valued at $1,516,000 after purchasing an additional 61,808 shares during the last quarter. Bank of Montreal Can boosted its position in Schwab US Large-Cap ETF by 6.0% during the second quarter. Bank of Montreal Can now owns 202,214 shares of the company’s stock valued at $4,942,000 after purchasing an additional 11,420 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC acquired a new stake in shares of Schwab US Large-Cap ETF in the 1st quarter valued at approximately $240,000. Atlantic Union Bankshares Corp bought a new position in shares of Schwab US Large-Cap ETF in the second quarter valued at $1,555,000. Finally, M&T Bank Corp grew its stake in shares of Schwab US Large-Cap ETF by 47.7% in the first quarter. M&T Bank Corp now owns 34,775 shares of the company’s stock valued at $768,000 after buying an additional 11,228 shares in the last quarter.

Schwab US Large-Cap ETF Trading Up 0.2%

NYSEARCA SCHX opened at $27.00 on Wednesday. The firm’s fifty day moving average price is $26.40 and its two-hundred day moving average price is $24.96. Schwab US Large-Cap ETF has a 1 year low of $19.00 and a 1 year high of $27.27. The firm has a market capitalization of $62.70 billion, a P/E 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.