Fortis Capital Management LLC Purchases 165,353 Shares of Schwab US Large-Cap ETF $SCHX

Fortis Capital Management LLC raised its position in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 12.3% in the first quarter, Holdings Channel reports. The fund owned 1,505,206 shares of the company’s stock after buying an additional 165,353 shares during the period. Schwab US Large-Cap ETF makes up approximately 4.0% of Fortis Capital Management LLC’s portfolio, making the stock its 2nd biggest holding. Fortis Capital Management LLC’s holdings in Schwab US Large-Cap ETF were worth $38,593,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. IFC & Insurance Marketing Inc. purchased a new stake in shares of Schwab US Large-Cap ETF in the 4th quarter valued at approximately $25,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of Schwab US Large-Cap ETF in the 3rd quarter valued at $26,000. Optima Capital LLC purchased a new stake in shares of Schwab US Large-Cap ETF during the 4th quarter worth $29,000. Tidemark LLC lifted its position 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 worth $34,000 after purchasing an additional 1,053 shares during the last quarter. Finally, Signature Resources Capital Management LLC grew its stake 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 worth $34,000 after purchasing an additional 1,118 shares in the last quarter.

Schwab US Large-Cap ETF Trading Up 0.8%

Shares of SCHX stock opened at $29.48 on Wednesday. The company has a market cap of $71.77 billion, a P/E ratio of 25.66 and a beta of 1.00. The firm has a fifty day moving average price of $29.36 and a 200 day moving average price of $27.88. Schwab US Large-Cap ETF has a 12 month low of $24.52 and a 12 month high of $29.95.

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.