Schwab US Large-Cap ETF $SCHX Shares Acquired by Modern Wealth Management LLC

Modern Wealth Management LLC lifted its holdings in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 4.4% during the 1st quarter, HoldingsChannel.com reports. The fund owned 2,088,892 shares of the company’s stock after buying an additional 88,534 shares during the period. Schwab US Large-Cap ETF makes up about 0.9% of Modern Wealth Management LLC’s portfolio, making the stock its 24th biggest holding. Modern Wealth Management LLC’s holdings in Schwab US Large-Cap ETF were worth $53,977,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in SCHX. IFC & Insurance Marketing Inc. purchased a new position in Schwab US Large-Cap ETF in the fourth quarter valued at about $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 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. Tidemark LLC boosted its position in shares of Schwab US Large-Cap ETF by 474.3% in the fourth quarter. Tidemark LLC now owns 1,275 shares of the company’s stock worth $34,000 after buying an additional 1,053 shares during the period. Finally, Signature Resources Capital Management LLC grew its stake in shares of Schwab US Large-Cap ETF by 510.5% in the first quarter. Signature Resources Capital Management LLC now owns 1,337 shares of the company’s stock valued at $34,000 after buying an additional 1,118 shares in the last quarter.

Schwab US Large-Cap ETF Stock Performance

Shares of NYSEARCA:SCHX opened at $29.09 on Friday. The company has a market cap of $70.94 billion, a P/E ratio of 25.66 and a beta of 1.00. Schwab US Large-Cap ETF has a one year low of $24.52 and a one year high of $29.95. The business’s 50-day simple moving average is $29.36 and its 200 day simple moving average is $27.91.

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.