Summit Financial LLC Takes $876,000 Position in Schwab US Large-Cap ETF (SCHX)

Summit Financial LLC purchased a new stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 14,665 shares of the company’s stock, valued at approximately $876,000. Schwab US Large-Cap ETF makes up 0.2% of Summit Financial LLC’s holdings, making the stock its 20th biggest position.

Several other hedge funds have also recently made changes to their positions in SCHX. Sei Investments Co. increased its position in Schwab US Large-Cap ETF by 441,677.9% during the 3rd quarter. Sei Investments Co. now owns 14,198,743 shares of the company’s stock worth $987,698,000 after purchasing an additional 14,195,529 shares in the last quarter. Sage Financial Group Inc. lifted its stake in shares of Schwab US Large-Cap ETF by 1.0% in the 4th quarter. Sage Financial Group Inc. now owns 3,663,546 shares of the company’s stock valued at $218,714,000 after purchasing an additional 34,621 shares in the last quarter. Creative Planning lifted its stake in shares of Schwab US Large-Cap ETF by 34.3% in the 4th quarter. Creative Planning now owns 2,441,839 shares of the company’s stock valued at $145,778,000 after purchasing an additional 624,065 shares in the last quarter. HBK Sorce Advisory LLC lifted its stake in shares of Schwab US Large-Cap ETF by 1.8% in the 3rd quarter. HBK Sorce Advisory LLC now owns 2,427,193 shares of the company’s stock valued at $168,836,000 after purchasing an additional 42,954 shares in the last quarter. Finally, Assetmark Inc. lifted its stake in shares of Schwab US Large-Cap ETF by 6.3% in the 3rd quarter. Assetmark Inc. now owns 2,119,986 shares of the company’s stock valued at $147,466,000 after purchasing an additional 124,786 shares in the last quarter.

Schwab US Large-Cap ETF stock traded up $0.39 during midday trading on Friday, hitting $66.80. 8,063 shares of the company were exchanged, compared to its average volume of 1,558,580. Schwab US Large-Cap ETF has a fifty-two week low of $55.87 and a fifty-two week high of $70.50.

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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.

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Institutional Ownership by Quarter for Schwab US Large-Cap ETF (NYSEARCA:SCHX)

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