Envestnet Asset Management Inc. Has $340.53 Million Stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Envestnet Asset Management Inc. boosted its holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 184.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 14,690,875 shares of the company’s stock after buying an additional 9,528,765 shares during the period. Envestnet Asset Management Inc. owned approximately 2.25% of Schwab US Large-Cap ETF worth $340,534,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. US Bancorp DE boosted its position in shares of Schwab US Large-Cap ETF by 902.4% in the 4th quarter. US Bancorp DE now owns 206,419,096 shares of the company’s stock worth $4,784,795,000 after purchasing an additional 185,825,669 shares during the last quarter. Sei Investments Co. boosted its holdings in Schwab US Large-Cap ETF by 184.7% during the fourth quarter. Sei Investments Co. now owns 35,164,430 shares of the company’s stock worth $815,114,000 after buying an additional 22,812,367 shares during the last quarter. HBK Sorce Advisory LLC grew its position in shares of Schwab US Large-Cap ETF by 202.2% during the 4th quarter. HBK Sorce Advisory LLC now owns 32,139,846 shares of the company’s stock worth $745,002,000 after buying an additional 21,503,265 shares during the period. Sage Financial Group Inc. increased its stake in shares of Schwab US Large-Cap ETF by 197.7% in the 4th quarter. Sage Financial Group Inc. now owns 24,865,286 shares of the company’s stock valued at $576,377,000 after acquiring an additional 16,511,474 shares during the last quarter. Finally, Diversified Enterprises LLC raised its position in shares of Schwab US Large-Cap ETF by 275.0% in the 4th quarter. Diversified Enterprises LLC now owns 14,875,742 shares of the company’s stock valued at $344,820,000 after acquiring an additional 10,909,001 shares during the period.

Schwab US Large-Cap ETF Stock Performance

Shares of NYSEARCA SCHX opened at $19.95 on Friday. Schwab US Large-Cap ETF has a 52-week low of $19.50 and a 52-week high of $24.31. The stock has a market cap of $45.09 billion, a P/E ratio of 24.34 and a beta of 1.03. The firm has a 50 day moving average price of $23.07 and a 200 day moving average price of $23.21.

Schwab US Large-Cap ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th were given a dividend of $0.0668 per share. The ex-dividend date of this dividend was Wednesday, March 26th.

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.