Schwab US Large-Cap ETF $SCHX Stock: Richardson Capital Management LLC Raises Stake

Richardson Capital Management LLC grew its stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 1.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,818,171 shares of the company’s stock after acquiring an additional 26,596 shares during the period. Schwab US Large-Cap ETF comprises approximately 23.8% of Richardson Capital Management LLC’s investment portfolio, making the stock its biggest holding. Richardson Capital Management LLC owned approximately 0.07% of Schwab US Large-Cap ETF worth $54,545,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the company. Brucke Financial Inc. raised its holdings in shares of Schwab US Large-Cap ETF by 1.5% in the third quarter. Brucke Financial Inc. now owns 62,845 shares of the company’s stock valued at $1,885,000 after acquiring an additional 940 shares in the last quarter. Signaturefd LLC bought a new position in Schwab US Large-Cap ETF during the 3rd quarter worth about $3,022,000. Evanson Financial LLC grew its holdings in Schwab US Large-Cap ETF by 1.9% during the 3rd quarter. Evanson Financial LLC now owns 67,661 shares of the company’s stock worth $2,030,000 after acquiring an additional 1,263 shares in the last quarter. Citizens Financial Group Inc. RI purchased a new position in Schwab US Large-Cap ETF during the 3rd quarter valued at about $1,057,000. Finally, Sowell Financial Services LLC increased its position in Schwab US Large-Cap ETF by 2.7% during the 3rd quarter. Sowell Financial Services LLC now owns 166,766 shares of the company’s stock valued at $5,003,000 after purchasing an additional 4,359 shares during the period.

Schwab US Large-Cap ETF Stock Performance

Shares of SCHX opened at $29.88 on Friday. The company has a 50 day moving average price of $30.24 and a 200-day moving average price of $29.47. Schwab US Large-Cap ETF has a fifty-two week low of $24.81 and a fifty-two week high of $30.79. The stock has a market capitalization of $73.50 billion, a PE ratio of 25.66 and a beta of 1.01.

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. 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.