Schwab US Large-Cap ETF (NYSEARCA:SCHX) Hits New 1-Year High – Time to Buy?

Schwab US Large-Cap ETF (NYSEARCA:SCHX) reached a new 52-week high on Tuesday . The stock traded as high as $29.12 and last traded at $29.07, with a volume of 7431003 shares trading hands. The stock had previously closed at $29.00.

Schwab US Large-Cap ETF Stock Performance

The firm has a market cap of $70.10 billion, a PE ratio of 25.66 and a beta of 1.01. The firm has a fifty day simple moving average of $26.94 and a two-hundred day simple moving average of $26.96.

Hedge Funds Weigh In On Schwab US Large-Cap ETF

Several institutional investors have recently added to or reduced their stakes in the company. Bfsg LLC grew its holdings in Schwab US Large-Cap ETF by 0.8% during the 4th quarter. Bfsg LLC now owns 49,029 shares of the company’s stock valued at $1,319,000 after buying an additional 374 shares in the last quarter. Revisor Wealth Management LLC grew its holdings in Schwab US Large-Cap ETF by 0.7% during the 1st quarter. Revisor Wealth Management LLC now owns 54,692 shares of the company’s stock valued at $1,402,000 after buying an additional 377 shares in the last quarter. Sound Stewardship LLC grew its holdings in Schwab US Large-Cap ETF by 2.6% during the 4th quarter. Sound Stewardship LLC now owns 14,789 shares of the company’s stock valued at $398,000 after buying an additional 381 shares in the last quarter. Carmel Capital Partners LLC grew its holdings in Schwab US Large-Cap ETF by 2.0% during the 1st quarter. Carmel Capital Partners LLC now owns 20,088 shares of the company’s stock valued at $515,000 after buying an additional 385 shares in the last quarter. Finally, Independent Advisor Alliance grew its holdings in Schwab US Large-Cap ETF by 1.1% during the 3rd quarter. Independent Advisor Alliance now owns 35,309 shares of the company’s stock valued at $930,000 after buying an additional 392 shares in the last quarter.

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.