Financial Advisors LLC Boosts Stock Position in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Financial Advisors LLC increased its holdings in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 210.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 227,547 shares of the company’s stock after buying an additional 154,352 shares during the period. Schwab US Large-Cap ETF comprises approximately 1.0% of Financial Advisors LLC’s investment portfolio, making the stock its 11th largest holding. Financial Advisors LLC’s holdings in Schwab US Large-Cap ETF were worth $5,275,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Concourse Financial Group Securities Inc. increased its stake in Schwab US Large-Cap ETF by 224.3% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 373 shares of the company’s stock worth $25,000 after buying an additional 258 shares in the last quarter. Versant Capital Management Inc lifted its position in shares of Schwab US Large-Cap ETF by 201.0% in the fourth quarter. Versant Capital Management Inc now owns 1,261 shares of the company’s stock valued at $29,000 after acquiring an additional 842 shares in the last quarter. IFS Advisors LLC acquired a new stake in shares of Schwab US Large-Cap ETF in the fourth quarter worth approximately $30,000. Brooklyn Investment Group purchased a new stake in shares of Schwab US Large-Cap ETF during the fourth quarter worth approximately $32,000. Finally, Rise Advisors LLC raised its stake in Schwab US Large-Cap ETF by 459.5% in the 4th quarter. Rise Advisors LLC now owns 1,410 shares of the company’s stock valued at $33,000 after purchasing an additional 1,158 shares during the last quarter.

Schwab US Large-Cap ETF Stock Performance

Shares of SCHX stock opened at $23.71 on Friday. Schwab US Large-Cap ETF has a fifty-two week low of $18.66 and a fifty-two week high of $24.19. The stock’s fifty day moving average is $23.60 and its two-hundred day moving average is $22.64. The firm has a market capitalization of $15.46 billion, a P/E ratio of 26.53 and a beta of 1.02.

About Schwab US Large-Cap ETF

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.