Exchange Capital Management Inc. Increases Stock Position in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Exchange Capital Management Inc. boosted its position in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 166.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 197,341 shares of the company’s stock after buying an additional 123,382 shares during the period. Exchange Capital Management Inc.’s holdings in Schwab US Large-Cap ETF were worth $4,574,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. McClarren Financial Advisors Inc. bought a new stake in Schwab US Large-Cap ETF during the fourth quarter worth approximately $25,000. Versant Capital Management Inc lifted its position in shares of Schwab US Large-Cap ETF by 201.0% during the fourth quarter. Versant Capital Management Inc now owns 1,261 shares of the company’s stock worth $29,000 after purchasing an additional 842 shares during the last quarter. IFS Advisors LLC bought a new position in shares of Schwab US Large-Cap ETF in the fourth quarter worth about $30,000. Princeton Global Asset Management LLC lifted its holdings in Schwab US Large-Cap ETF by 200.7% during the 4th quarter. Princeton Global Asset Management LLC now owns 1,299 shares of the company’s stock valued at $30,000 after buying an additional 867 shares in the last quarter. Finally, Brooklyn Investment Group purchased a new stake in Schwab US Large-Cap ETF in the 4th quarter valued at about $32,000.

Schwab US Large-Cap ETF Stock Performance

Shares of NYSEARCA:SCHX opened at $23.62 on Tuesday. Schwab US Large-Cap ETF has a one year low of $19.50 and a one year high of $24.31. The firm has a market cap of $52.91 billion, a PE ratio of 26.64 and a beta of 1.02. The firm’s 50 day simple moving average is $23.71 and its 200-day simple moving average is $23.10.

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.