Ballast Advisors LLC Has $32.18 Million Stake in Schwab US Large-Cap ETF $SCHX

Ballast Advisors LLC decreased its position in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 0.4% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,316,693 shares of the company’s stock after selling 5,144 shares during the quarter. Schwab US Large-Cap ETF makes up 9.5% of Ballast Advisors LLC’s portfolio, making the stock its biggest position. Ballast Advisors LLC owned approximately 0.06% of Schwab US Large-Cap ETF worth $32,180,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Crews Bank & Trust bought a new position in Schwab US Large-Cap ETF in the second quarter worth $26,000. S.A. Mason LLC bought a new position in Schwab US Large-Cap ETF in the second quarter worth $29,000. Orion Capital Management LLC bought a new position in Schwab US Large-Cap ETF in the first quarter worth $27,000. Moser Wealth Advisors LLC bought a new position in Schwab US Large-Cap ETF in the second quarter worth $32,000. Finally, Mid American Wealth Advisory Group Inc. bought a new position in Schwab US Large-Cap ETF in the second quarter worth $33,000.

Schwab US Large-Cap ETF Trading Up 0.9%

SCHX opened at $26.81 on Friday. The stock has a fifty day simple moving average of $26.05 and a two-hundred day simple moving average of $24.42. The company has a market cap of $62.20 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01. Schwab US Large-Cap ETF has a 12-month low of $19.00 and a 12-month high of $26.86.

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.