Pinion Investment Advisors LLC Buys 91,074 Shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Pinion Investment Advisors LLC increased its stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 176.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 142,791 shares of the company’s stock after purchasing an additional 91,074 shares during the period. Schwab US Large-Cap ETF makes up 1.3% of Pinion Investment Advisors LLC’s holdings, making the stock its 13th largest position. Pinion Investment Advisors LLC’s holdings in Schwab US Large-Cap ETF were worth $3,310,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the company. US Bancorp DE lifted its position in Schwab US Large-Cap ETF by 902.4% during the 4th quarter. US Bancorp DE now owns 206,419,096 shares of the company’s stock worth $4,784,795,000 after buying an additional 185,825,669 shares in the last quarter. Sage Financial Group Inc. lifted its position in Schwab US Large-Cap ETF by 197.7% during the fourth quarter. Sage Financial Group Inc. now owns 24,865,286 shares of the company’s stock worth $576,377,000 after acquiring an additional 16,511,474 shares during the last quarter. Campbell Wealth Management boosted its stake in Schwab US Large-Cap ETF by 208.8% in the 4th quarter. Campbell Wealth Management now owns 15,779,897 shares of the company’s stock valued at $365,778,000 after purchasing an additional 10,670,574 shares during the period. McAdam LLC grew its stake in shares of Schwab US Large-Cap ETF by 210.5% in the fourth quarter. McAdam LLC now owns 10,339,604 shares of the company’s stock valued at $239,672,000 after acquiring an additional 7,009,351 shares in the last quarter. Finally, JMG Financial Group Ltd. increased its holdings in shares of Schwab US Large-Cap ETF by 194.4% during the fourth quarter. JMG Financial Group Ltd. now owns 8,298,426 shares of the company’s stock worth $192,358,000 after purchasing an additional 5,480,099 shares during the period.

Schwab US Large-Cap ETF Stock Down 1.8 %

SCHX stock opened at $23.09 on Tuesday. The company’s 50-day moving average price is $23.70 and its two-hundred day moving average price is $23.17. Schwab US Large-Cap ETF has a 12 month low of $19.50 and a 12 month high of $24.31. The firm has a market cap of $51.72 billion, a P/E ratio of 26.64 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.