Northeast Financial Group Inc. Boosts Position in Schwab US Large-Cap ETF $SCHX

Northeast Financial Group Inc. increased its position in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 8.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,141,313 shares of the company’s stock after purchasing an additional 157,752 shares during the quarter. Schwab US Large-Cap ETF makes up 13.6% of Northeast Financial Group Inc.’s portfolio, making the stock its biggest position. Northeast Financial Group Inc. owned 0.09% of Schwab US Large-Cap ETF worth $54,914,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its stake in Schwab US Large-Cap ETF by 198.5% in the fourth quarter. Brighton Jones LLC now owns 211,330 shares of the company’s stock valued at $4,899,000 after acquiring an additional 140,539 shares during the last quarter. Russell Investments Group Ltd. raised its position in shares of Schwab US Large-Cap ETF by 33.3% during the 2nd quarter. Russell Investments Group Ltd. now owns 62,112 shares of the company’s stock valued at $1,518,000 after acquiring an additional 15,522 shares during the last quarter. First Trust Advisors LP acquired a new position in shares of Schwab US Large-Cap ETF in the 2nd quarter valued at $633,000. Baird Financial Group Inc. lifted its stake in shares of Schwab US Large-Cap ETF by 25.1% in the 2nd quarter. Baird Financial Group Inc. now owns 35,076 shares of the company’s stock valued at $857,000 after purchasing an additional 7,045 shares during the period. Finally, Ieq Capital LLC boosted its position in shares of Schwab US Large-Cap ETF by 9.1% in the 2nd quarter. Ieq Capital LLC now owns 247,992 shares of the company’s stock worth $6,061,000 after purchasing an additional 20,758 shares during the last quarter.

Schwab US Large-Cap ETF Price Performance

NYSEARCA:SCHX opened at $29.12 on Monday. Schwab US Large-Cap ETF has a 12-month low of $24.52 and a 12-month high of $29.95. The stock’s fifty day simple moving average is $29.36 and its 200-day simple moving average is $27.92. The firm has a market capitalization of $71.01 billion, a P/E ratio of 25.66 and a beta of 1.00.

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. 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.