Texas Capital Bank Wealth Management Services Inc Invests $787,000 in Schwab US Large-Cap ETF $SCHX

Texas Capital Bank Wealth Management Services Inc bought a new position in Schwab US Large-Cap ETF (NYSEARCA:SCHXFree Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 29,246 shares of the company’s stock, valued at approximately $787,000.

Other hedge funds have also recently modified their holdings of the company. Measured Wealth Private Client Group LLC purchased a new stake in shares of Schwab US Large-Cap ETF in the third quarter worth about $26,000. Optima Capital LLC purchased a new stake in shares of Schwab US Large-Cap ETF in the fourth quarter worth about $29,000. Ransom Advisory Ltd purchased a new stake in shares of Schwab US Large-Cap ETF in the fourth quarter worth about $40,000. Lodestone Wealth Management LLC purchased a new stake in shares of Schwab US Large-Cap ETF in the fourth quarter worth about $50,000. Finally, Key Capital Management INC purchased a new stake in shares of Schwab US Large-Cap ETF in the fourth quarter worth about $50,000.

Schwab US Large-Cap ETF Stock Up 0.6%

Shares of SCHX opened at $29.70 on Friday. Schwab US Large-Cap ETF has a 52 week low of $21.81 and a 52 week high of $29.72. The company has a market capitalization of $71.62 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01. The stock’s 50-day moving average price is $27.61 and its 200-day moving average price is $27.19.

Schwab US Large-Cap ETF Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding SCHX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab US Large-Cap ETF (NYSEARCA:SCHXFree Report).

Institutional Ownership by Quarter for Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Receive News & Ratings for Schwab US Large-Cap ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab US Large-Cap ETF and related companies with MarketBeat.com's FREE daily email newsletter.