Brass Tax Wealth Management Inc. Makes New $3.04 Million Investment in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Brass Tax Wealth Management Inc. purchased a new stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 44,805 shares of the company’s stock, valued at approximately $3,040,000. Schwab US Large-Cap ETF accounts for about 1.2% of Brass Tax Wealth Management Inc.’s portfolio, making the stock its 20th biggest position.

Several other large investors have also made changes to their positions in SCHX. US Bancorp DE raised its stake in Schwab US Large-Cap ETF by 14,533.9% during the 2nd quarter. US Bancorp DE now owns 14,318,137 shares of the company’s stock valued at $919,940,000 after purchasing an additional 14,220,295 shares during the period. Campbell Wealth Management bought a new stake in shares of Schwab US Large-Cap ETF during the third quarter valued at approximately $346,668,000. Koss Olinger Consulting LLC bought a new stake in shares of Schwab US Large-Cap ETF during the second quarter valued at approximately $205,865,000. American Trust boosted its position in shares of Schwab US Large-Cap ETF by 897.7% during the second quarter. American Trust now owns 1,267,196 shares of the company’s stock worth $81,417,000 after acquiring an additional 1,140,178 shares during the last quarter. Finally, Chicago Partners Investment Group LLC grew its stake in Schwab US Large-Cap ETF by 208.5% during the third quarter. Chicago Partners Investment Group LLC now owns 1,330,681 shares of the company’s stock valued at $90,287,000 after acquiring an additional 899,348 shares in the last quarter.

Schwab US Large-Cap ETF Stock Down 0.4 %

Shares of SCHX stock opened at $23.18 on Wednesday. The company’s fifty day simple moving average is $23.50 and its two-hundred day simple moving average is $22.48. Schwab US Large-Cap ETF has a 52 week low of $18.43 and a 52 week high of $24.19. The stock has a market cap of $15.11 billion, a P/E ratio of 26.53 and a beta of 1.02.

Schwab US Large-Cap ETF 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.