Schwab US Large-Cap ETF (NYSEARCA:SCHX) Position Reduced by Morling Financial Advisors LLC

Morling Financial Advisors LLC trimmed its stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 0.4% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 158,500 shares of the company’s stock after selling 618 shares during the period. Schwab US Large-Cap ETF comprises 4.4% of Morling Financial Advisors LLC’s holdings, making the stock its 8th biggest holding. Morling Financial Advisors LLC’s holdings in Schwab US Large-Cap ETF were worth $10,184,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. Headlands Technologies LLC boosted its holdings in shares of Schwab US Large-Cap ETF by 1,844.5% in the second quarter. Headlands Technologies LLC now owns 3,889 shares of the company’s stock valued at $250,000 after purchasing an additional 3,689 shares during the period. Vantage Financial Partners LLC lifted its holdings in shares of Schwab US Large-Cap ETF by 1.8% in the 2nd quarter. Vantage Financial Partners LLC now owns 211,533 shares of the company’s stock worth $13,591,000 after buying an additional 3,655 shares during the period. Beam Wealth Advisors Inc. lifted its holdings in shares of Schwab US Large-Cap ETF by 14.8% in the 2nd quarter. Beam Wealth Advisors Inc. now owns 16,011 shares of the company’s stock worth $1,029,000 after buying an additional 2,060 shares during the period. US Bancorp DE grew its position in shares of Schwab US Large-Cap ETF by 14,533.9% during the 2nd quarter. US Bancorp DE now owns 14,318,137 shares of the company’s stock worth $919,940,000 after buying an additional 14,220,295 shares in the last quarter. Finally, Wedbush Securities Inc. purchased a new position in shares of Schwab US Large-Cap ETF during the second quarter valued at $219,000.

Schwab US Large-Cap ETF Price Performance

NYSEARCA:SCHX opened at $64.81 on Wednesday. Schwab US Large-Cap ETF has a 1-year low of $48.31 and a 1-year high of $66.83. The company has a 50-day moving average of $64.94 and a 200 day moving average of $62.93. The firm has a market cap of $42.25 billion, a PE ratio of 26.53 and a beta of 1.02.

Schwab US Large-Cap ETF Company 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.