Anchor Investment Management LLC Boosts Stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Anchor Investment Management LLC lifted its stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 8.1% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 375,706 shares of the company’s stock after purchasing an additional 28,277 shares during the quarter. Schwab US Large-Cap ETF accounts for about 2.4% of Anchor Investment Management LLC’s portfolio, making the stock its 4th largest position. Anchor Investment Management LLC’s holdings in Schwab US Large-Cap ETF were worth $25,492,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of SCHX. Bank of New York Mellon Corp boosted its position in Schwab US Large-Cap ETF by 23.0% during the 2nd quarter. Bank of New York Mellon Corp now owns 76,104 shares of the company’s stock worth $4,890,000 after buying an additional 14,229 shares during the period. Principal Financial Group Inc. lifted its holdings in Schwab US Large-Cap ETF by 296.2% during the 2nd quarter. Principal Financial Group Inc. now owns 7,964 shares of the company’s stock worth $512,000 after buying an additional 5,954 shares during the period. Summit Financial LLC bought a new stake in shares of Schwab US Large-Cap ETF in the 2nd quarter valued at about $294,000. Natixis Advisors LLC increased its stake in shares of Schwab US Large-Cap ETF by 27.1% in the second quarter. Natixis Advisors LLC now owns 19,027 shares of the company’s stock valued at $1,222,000 after buying an additional 4,054 shares during the period. Finally, Financial Counselors Inc. raised its position in shares of Schwab US Large-Cap ETF by 8.3% during the second quarter. Financial Counselors Inc. now owns 46,780 shares of the company’s stock worth $3,006,000 after acquiring an additional 3,570 shares during the last quarter.

Schwab US Large-Cap ETF Price Performance

Schwab US Large-Cap ETF stock opened at $23.18 on Wednesday. The stock’s 50 day moving average is $23.50 and its 200 day moving average is $22.48. Schwab US Large-Cap ETF has a one year low of $18.43 and a one year high of $24.19. The firm has a market cap of $15.11 billion, a P/E ratio of 26.53 and a beta of 1.02.

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.