Morris Financial Concepts Inc. Raises Holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Morris Financial Concepts Inc. increased its stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 9.7% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 429,427 shares of the company’s stock after acquiring an additional 38,098 shares during the period. Schwab US Large-Cap ETF comprises approximately 13.6% of Morris Financial Concepts Inc.’s investment portfolio, making the stock its 2nd largest holding. Morris Financial Concepts Inc. owned 0.07% of Schwab US Large-Cap ETF worth $26,650,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Cerity Partners LLC boosted its stake in shares of Schwab US Large-Cap ETF by 518.6% in the fourth quarter. Cerity Partners LLC now owns 28,300,987 shares of the company’s stock valued at $1,596,176,000 after buying an additional 23,726,348 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in shares of Schwab US Large-Cap ETF by 5.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 48,144,743 shares of the company’s stock valued at $2,715,363,000 after acquiring an additional 2,579,005 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of Schwab US Large-Cap ETF by 2,285.3% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,641,012 shares of the company’s stock valued at $92,553,000 after acquiring an additional 1,572,214 shares during the last quarter. HBK Sorce Advisory LLC lifted its stake in shares of Schwab US Large-Cap ETF by 17.9% in the 4th quarter. HBK Sorce Advisory LLC now owns 10,281,650 shares of the company’s stock valued at $579,885,000 after acquiring an additional 1,559,108 shares during the last quarter. Finally, Steele Capital Management Inc. acquired a new stake in Schwab US Large-Cap ETF in the fourth quarter valued at $57,562,000.

Schwab US Large-Cap ETF Price Performance

NYSEARCA SCHX traded up $0.18 on Monday, reaching $64.43. The company had a trading volume of 1,477,919 shares, compared to its average volume of 1,736,079. The business has a 50 day moving average of $62.45 and a two-hundred day moving average of $60.16. Schwab US Large-Cap ETF has a fifty-two week low of $48.31 and a fifty-two week high of $64.99. The firm has a market cap of $42.00 billion, a price-to-earnings ratio of 26.53 and a beta of 1.02.

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.