Manchester Financial Inc. Has $24.56 Million Stake in Schwab US Large-Cap ETF $SCHX

Manchester Financial Inc. raised its position in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 4.2% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 957,802 shares of the company’s stock after buying an additional 38,978 shares during the period. Schwab US Large-Cap ETF accounts for about 4.7% of Manchester Financial Inc.’s investment portfolio, making the stock its 5th biggest holding. Manchester Financial Inc.’s holdings in Schwab US Large-Cap ETF were worth $24,558,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of SCHX. IFC & Insurance Marketing Inc. acquired a new stake in Schwab US Large-Cap ETF in the fourth quarter valued at approximately $25,000. Measured Wealth Private Client Group LLC acquired a new position in shares of Schwab US Large-Cap ETF during the third quarter worth $26,000. Optima Capital LLC acquired a new position in shares of Schwab US Large-Cap ETF during the fourth quarter worth $29,000. Tidemark LLC lifted its holdings in shares of Schwab US Large-Cap ETF by 474.3% during the 4th quarter. Tidemark LLC now owns 1,275 shares of the company’s stock valued at $34,000 after purchasing an additional 1,053 shares during the last quarter. Finally, Acumen Wealth Advisors LLC purchased a new stake in shares of Schwab US Large-Cap ETF during the 4th quarter valued at $39,000.

Schwab US Large-Cap ETF Price Performance

Schwab US Large-Cap ETF stock opened at $29.43 on Wednesday. The stock has a market capitalization of $70.97 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01. Schwab US Large-Cap ETF has a 1-year low of $24.36 and a 1-year high of $29.95. The business has a fifty day moving average price of $29.02 and a 200-day moving average price of $27.61.

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. 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.