Morris Financial Concepts Inc. Acquires 38,098 Shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Morris Financial Concepts Inc. lifted its holdings in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 9.7% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 429,427 shares of the company’s stock after acquiring an additional 38,098 shares during the period. Schwab US Large-Cap ETF accounts for approximately 13.6% of Morris Financial Concepts Inc.’s investment portfolio, making the stock its 2nd biggest holding. Morris Financial Concepts Inc.’s holdings in Schwab US Large-Cap ETF were worth $26,650,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. FMR LLC grew its stake in shares of Schwab US Large-Cap ETF by 21.3% in the 3rd quarter. FMR LLC now owns 221,627 shares of the company’s stock valued at $11,214,000 after purchasing an additional 38,925 shares during the last quarter. O Shaughnessy Asset Management LLC boosted its stake in shares of Schwab US Large-Cap ETF by 32.0% in the third quarter. O Shaughnessy Asset Management LLC now owns 8,096 shares of the company’s stock valued at $410,000 after buying an additional 1,962 shares in the last quarter. Lake Street Advisors Group LLC boosted its stake in shares of Schwab US Large-Cap ETF by 0.3% in the third quarter. Lake Street Advisors Group LLC now owns 137,348 shares of the company’s stock valued at $6,950,000 after buying an additional 461 shares in the last quarter. Rainsberger Wealth Advisors Inc. boosted its stake in shares of Schwab US Large-Cap ETF by 4.2% in the third quarter. Rainsberger Wealth Advisors Inc. now owns 37,607 shares of the company’s stock valued at $1,903,000 after buying an additional 1,529 shares in the last quarter. Finally, Baker Avenue Asset Management LP boosted its stake in shares of Schwab US Large-Cap ETF by 7.7% in the third quarter. Baker Avenue Asset Management LP now owns 458,872 shares of the company’s stock valued at $23,219,000 after buying an additional 32,696 shares in the last quarter.

Schwab US Large-Cap ETF Stock Performance

SCHX stock traded up $0.18 during midday trading on Monday, hitting $64.43. 1,477,919 shares of the stock were exchanged, compared to its average volume of 1,736,079. Schwab US Large-Cap ETF has a fifty-two week low of $48.31 and a fifty-two week high of $64.99. The stock has a market cap of $42.00 billion, a price-to-earnings ratio of 26.53 and a beta of 1.02. The stock’s 50-day moving average price is $62.45 and its 200-day moving average price is $60.16.

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.