Advisory Services Network LLC Has $5.02 Million Stock Position in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Advisory Services Network LLC increased its stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 248.6% in the fourth quarter, Holdings Channel reports. The firm owned 216,521 shares of the company’s stock after buying an additional 154,406 shares during the quarter. Advisory Services Network LLC’s holdings in Schwab US Large-Cap ETF were worth $5,019,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. Howard Capital Management Group LLC bought a new stake in Schwab US Large-Cap ETF during the third quarter worth about $209,000. Executive Wealth Management LLC bought a new stake in Schwab US Large-Cap ETF during the third quarter worth about $385,000. Wilson & Boucher Capital Management LLC acquired a new position in Schwab US Large-Cap ETF during the third quarter worth approximately $191,000. Asset Allocation Strategies LLC increased its position in Schwab US Large-Cap ETF by 450.3% during the third quarter. Asset Allocation Strategies LLC now owns 102,897 shares of the company’s stock worth $6,982,000 after buying an additional 84,200 shares during the last quarter. Finally, TD Private Client Wealth LLC increased its position in Schwab US Large-Cap ETF by 17.9% during the third quarter. TD Private Client Wealth LLC now owns 52,755 shares of the company’s stock worth $3,579,000 after buying an additional 8,011 shares during the last quarter.

Schwab US Large-Cap ETF Stock Up 9.3 %

Shares of NYSEARCA SCHX opened at $21.43 on Thursday. The business’s 50 day moving average price is $22.72 and its two-hundred day moving average price is $23.13. The company has a market cap of $48.43 billion, a PE ratio of 24.34 and a beta of 1.03. Schwab US Large-Cap ETF has a twelve month low of $19.00 and a twelve month high of $24.31.

Schwab US Large-Cap ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th were given a $0.0668 dividend. The ex-dividend date of this dividend was Wednesday, March 26th.

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.