Orographic Financial Advisors LLC Makes New Investment in Schwab US Large-Cap ETF $SCHX

Orographic Financial Advisors LLC purchased a new position in Schwab US Large-Cap ETF (NYSEARCA:SCHX) in the first quarter, Holdings Channel reports. The institutional investor purchased 83,788 shares of the company’s stock, valued at approximately $2,148,000. Schwab US Large-Cap ETF comprises 1.5% of Orographic Financial Advisors LLC’s investment portfolio, making the stock its 20th largest holding.

Several other hedge funds also recently made changes to their positions in the stock. IFC & Insurance Marketing Inc. purchased a new stake in Schwab US Large-Cap ETF during the 4th quarter worth about $25,000. Measured Wealth Private Client Group LLC purchased a new position in Schwab US Large-Cap ETF during the 3rd quarter valued at about $26,000. Optima Capital LLC purchased a new position in Schwab US Large-Cap ETF during the 4th quarter valued at about $29,000. Tidemark LLC increased its position in shares of Schwab US Large-Cap ETF by 474.3% during the fourth quarter. Tidemark LLC now owns 1,275 shares of the company’s stock valued at $34,000 after buying an additional 1,053 shares during the period. Finally, Signature Resources Capital Management LLC increased its position in shares of Schwab US Large-Cap ETF by 510.5% during the first quarter. Signature Resources Capital Management LLC now owns 1,337 shares of the company’s stock valued at $34,000 after buying an additional 1,118 shares during the period.

Schwab US Large-Cap ETF Trading Up 1.5%

Shares of Schwab US Large-Cap ETF stock opened at $29.25 on Friday. Schwab US Large-Cap ETF has a 12-month low of $24.52 and a 12-month high of $29.95. The company has a market cap of $71.33 billion, a price-to-earnings ratio of 25.66 and a beta of 1.00. The company’s 50-day moving average price is $29.37 and its 200-day moving average price is $27.97.

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. 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.