Financial Management Professionals Inc. boosted its holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 1.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 857,804 shares of the company’s stock after buying an additional 16,257 shares during the quarter. Schwab US Large-Cap ETF makes up approximately 22.3% of Financial Management Professionals Inc.’s investment portfolio, making the stock its largest position. Financial Management Professionals Inc. owned 0.35% of Schwab US Large-Cap ETF worth $60,209,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also modified their holdings of the company. Northern Oak Wealth Management Inc. acquired a new stake in Schwab US Large-Cap ETF during the 1st quarter valued at approximately $27,000. Macroview Investment Management LLC grew its position in shares of Schwab US Large-Cap ETF by 438.6% during the 1st quarter. Macroview Investment Management LLC now owns 447 shares of the company’s stock worth $30,000 after buying an additional 364 shares during the period. Elm Partners Management LLC acquired a new stake in shares of Schwab US Large-Cap ETF during the 1st quarter worth approximately $33,000. Alera Investment Advisors LLC acquired a new stake in shares of Schwab US Large-Cap ETF during the 1st quarter worth approximately $45,000. Finally, Enterprise Financial Services Corp acquired a new stake in shares of Schwab US Large-Cap ETF during the 1st quarter worth approximately $46,000.
Shares of SCHX stock opened at $68.95 on Thursday. Schwab US Large-Cap ETF has a 52 week low of $55.87 and a 52 week high of $72.35. The stock’s 50 day moving average is $70.96.
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.
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