Merit Financial Group LLC Has $2.41 Million Stock Holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Merit Financial Group LLC lifted its holdings in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 1,741.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 104,005 shares of the company’s stock after purchasing an additional 98,358 shares during the quarter. Merit Financial Group LLC’s holdings in Schwab US Large-Cap ETF were worth $2,411,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of SCHX. Walker Financial Services Inc. raised its holdings in Schwab US Large-Cap ETF by 1.2% during the third quarter. Walker Financial Services Inc. now owns 13,918 shares of the company’s stock valued at $944,000 after buying an additional 159 shares in the last quarter. Ignite Planners LLC increased its holdings in shares of Schwab US Large-Cap ETF by 0.3% during the 3rd quarter. Ignite Planners LLC now owns 56,377 shares of the company’s stock valued at $3,825,000 after acquiring an additional 170 shares during the last quarter. Concourse Financial Group Securities Inc. lifted its holdings in Schwab US Large-Cap ETF by 224.3% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 373 shares of the company’s stock worth $25,000 after purchasing an additional 258 shares during the last quarter. Elgethun Capital Management lifted its holdings in Schwab US Large-Cap ETF by 0.8% in the 2nd quarter. Elgethun Capital Management now owns 41,264 shares of the company’s stock worth $2,651,000 after purchasing an additional 310 shares during the last quarter. Finally, Sfmg LLC boosted its position in Schwab US Large-Cap ETF by 0.4% during the second quarter. Sfmg LLC now owns 95,108 shares of the company’s stock worth $6,111,000 after purchasing an additional 393 shares during the period.

Schwab US Large-Cap ETF Stock Up 1.0 %

NYSEARCA:SCHX opened at $23.71 on Monday. The company’s 50 day moving average is $23.60 and its 200-day moving average is $22.65. Schwab US Large-Cap ETF has a 12 month low of $18.66 and a 12 month high of $24.19. The firm has a market cap of $15.46 billion, a price-to-earnings 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.