MFA Wealth Advisors LLC Invests $17.74 Million in Schwab US Large-Cap ETF $SCHX

MFA Wealth Advisors LLC bought a new stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) in the 3rd quarter, Holdings Channel reports. The firm bought 673,406 shares of the company’s stock, valued at approximately $17,738,000. Schwab US Large-Cap ETF makes up approximately 3.9% of MFA Wealth Advisors LLC’s portfolio, making the stock its 6th largest holding.

A number of other institutional investors have also added to or reduced their stakes in SCHX. Crews Bank & Trust acquired a new stake in Schwab US Large-Cap ETF in the second quarter valued at $26,000. DiNuzzo Private Wealth Inc. increased its stake in shares of Schwab US Large-Cap ETF by 61.2% during the 3rd quarter. DiNuzzo Private Wealth Inc. now owns 1,093 shares of the company’s stock worth $28,000 after purchasing an additional 415 shares during the last quarter. S.A. Mason LLC bought a new stake in shares of Schwab US Large-Cap ETF in the 2nd quarter valued at about $29,000. Moser Wealth Advisors LLC acquired a new stake in Schwab US Large-Cap ETF in the 2nd quarter valued at about $32,000. Finally, Mid American Wealth Advisory Group Inc. acquired a new stake in Schwab US Large-Cap ETF in the 2nd quarter valued at about $33,000.

Schwab US Large-Cap ETF Stock Down 0.1%

Shares of NYSEARCA SCHX opened at $27.12 on Wednesday. The business’s 50 day moving average price is $26.81 and its two-hundred day moving average price is $25.88. The company has a market cap of $62.97 billion, a PE ratio of 25.66 and a beta of 1.01. Schwab US Large-Cap ETF has a twelve month low of $19.00 and a twelve month high of $27.30.

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. The Index is a float-adjusted market capitalization weighted index. The types of derivatives used by the Fund are options, futures, options on futures and swaps.