Sun Financial Inc Invests $2.41 Million in Schwab US Large-Cap ETF $SCHX

Sun Financial Inc acquired a new position in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) in the 4th quarter, HoldingsChannel reports. The fund acquired 89,459 shares of the company’s stock, valued at approximately $2,407,000. Schwab US Large-Cap ETF comprises approximately 1.3% of Sun Financial Inc’s holdings, making the stock its 19th biggest position.

Several other institutional investors and hedge funds have also made changes to their positions in SCHX. Corient Private Wealth LLC boosted its position in shares of Schwab US Large-Cap ETF by 163.9% during the 2nd quarter. Corient Private Wealth LLC now owns 12,518,206 shares of the company’s stock worth $306,087,000 after acquiring an additional 7,775,179 shares in the last quarter. Vantagepoint Investment Advisers LLC purchased a new stake in shares of Schwab US Large-Cap ETF in the 3rd quarter valued at about $199,988,000. Moneta Group Investment Advisors LLC lifted its holdings in shares of Schwab US Large-Cap ETF by 5.5% in the 3rd quarter. Moneta Group Investment Advisors LLC now owns 34,779,046 shares of the company’s stock valued at $916,080,000 after purchasing an additional 1,808,743 shares during the last quarter. Modern Wealth Management LLC lifted its holdings in shares of Schwab US Large-Cap ETF by 3,179.2% in the 3rd quarter. Modern Wealth Management LLC now owns 1,815,186 shares of the company’s stock valued at $47,812,000 after purchasing an additional 1,759,832 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Schwab US Large-Cap ETF by 5.8% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 29,438,303 shares of the company’s stock valued at $775,405,000 after purchasing an additional 1,616,966 shares during the last quarter.

Schwab US Large-Cap ETF Stock Performance

Schwab US Large-Cap ETF stock opened at $28.38 on Monday. Schwab US Large-Cap ETF has a fifty-two week low of $21.81 and a fifty-two week high of $28.54. The company has a market capitalization of $68.43 billion, a P/E ratio of 25.66 and a beta of 1.01. The stock has a 50-day simple moving average of $26.77 and a 200-day simple moving average of $26.88.

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.