GEM Asset Management LLC Acquires 8,572 Shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX)

GEM Asset Management LLC increased its holdings in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 200.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,857 shares of the company’s stock after buying an additional 8,572 shares during the period. GEM Asset Management LLC’s holdings in Schwab US Large-Cap ETF were worth $298,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Avidian Wealth Enterprises LLC grew its holdings in Schwab US Large-Cap ETF by 197.9% during the 4th quarter. Avidian Wealth Enterprises LLC now owns 410,753 shares of the company’s stock worth $9,521,000 after acquiring an additional 272,859 shares during the period. Gladstone Institutional Advisory LLC grew its stake in shares of Schwab US Large-Cap ETF by 209.2% during the fourth quarter. Gladstone Institutional Advisory LLC now owns 761,730 shares of the company’s stock worth $17,657,000 after purchasing an additional 515,380 shares during the period. MeadowBrook Investment Advisors LLC grew its stake in shares of Schwab US Large-Cap ETF by 192.1% during the fourth quarter. MeadowBrook Investment Advisors LLC now owns 161,078 shares of the company’s stock worth $3,734,000 after purchasing an additional 105,932 shares during the period. TFB Advisors LLC bought a new stake in Schwab US Large-Cap ETF in the fourth quarter valued at about $261,000. Finally, Capital Advisors Inc. OK lifted its stake in Schwab US Large-Cap ETF by 250.8% in the fourth quarter. Capital Advisors Inc. OK now owns 116,768 shares of the company’s stock valued at $2,707,000 after buying an additional 83,480 shares during the period.

Schwab US Large-Cap ETF Stock Performance

Shares of SCHX opened at $24.00 on Wednesday. The stock has a market cap of $15.65 billion, a P/E ratio of 26.53 and a beta of 1.02. The stock’s 50-day moving average price is $23.70 and its two-hundred day moving average price is $22.88. Schwab US Large-Cap ETF has a 1 year low of $19.39 and a 1 year high of $24.23.

Schwab US Large-Cap ETF Company 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.