Financial Solutions Advisory Group Inc. Makes New Investment in Schwab US Large-Cap ETF $SCHX

Financial Solutions Advisory Group Inc. acquired a new stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) in the 1st quarter, according to the company in its most recent filing with the SEC. The fund acquired 2,760,441 shares of the company’s stock, valued at approximately $70,778,000. Schwab US Large-Cap ETF makes up 9.8% of Financial Solutions Advisory Group Inc.’s portfolio, making the stock its 2nd biggest holding.

Other institutional investors have also added to or reduced their stakes in the company. IFC & Insurance Marketing Inc. acquired a new position in shares of Schwab US Large-Cap ETF during the fourth quarter worth approximately $25,000. Measured Wealth Private Client Group LLC bought a new stake in Schwab US Large-Cap ETF during the 3rd quarter valued at $26,000. Optima Capital LLC bought a new stake in Schwab US Large-Cap ETF during the 4th quarter valued at $29,000. Tidemark LLC raised its holdings in Schwab US Large-Cap ETF by 474.3% during the fourth quarter. Tidemark LLC now owns 1,275 shares of the company’s stock worth $34,000 after buying an additional 1,053 shares during the last quarter. Finally, Signature Resources Capital Management LLC raised its holdings in Schwab US Large-Cap ETF by 510.5% during the first quarter. Signature Resources Capital Management LLC now owns 1,337 shares of the company’s stock worth $34,000 after buying an additional 1,118 shares during the last quarter.

Schwab US Large-Cap ETF Trading Up 0.6%

Schwab US Large-Cap ETF stock opened at $29.44 on Friday. Schwab US Large-Cap ETF has a 1-year low of $24.52 and a 1-year high of $29.95. The firm has a market capitalization of $71.82 billion, a price-to-earnings ratio of 25.66 and a beta of 1.00. The firm’s fifty day moving average price is $29.37 and its two-hundred day moving average price is $27.98.

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. The Index is a float-adjusted market capitalization weighted index. The types of derivatives used by the Fund are options, futures, options on futures and swaps.