Argos Wealth Advisors LLC Invests $1.02 Million in Schwab US Large-Cap ETF $SCHX

Argos Wealth Advisors LLC purchased a new stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 37,796 shares of the company’s stock, valued at approximately $1,017,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Moneta Group Investment Advisors LLC raised its position in shares of Schwab US Large-Cap ETF by 5.5% in the 3rd quarter. Moneta Group Investment Advisors LLC now owns 34,779,046 shares of the company’s stock worth $916,080,000 after acquiring an additional 1,808,743 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of Schwab US Large-Cap ETF by 5.8% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 29,438,303 shares of the company’s stock worth $775,405,000 after acquiring an additional 1,616,966 shares in the last quarter. Sage Financial Group Inc. raised its position in shares of Schwab US Large-Cap ETF by 0.8% in the 3rd quarter. Sage Financial Group Inc. now owns 25,009,642 shares of the company’s stock worth $658,754,000 after acquiring an additional 199,289 shares in the last quarter. Captrust Financial Advisors raised its position in shares of Schwab US Large-Cap ETF by 1.5% in the 3rd quarter. Captrust Financial Advisors now owns 18,482,949 shares of the company’s stock worth $486,841,000 after acquiring an additional 272,099 shares in the last quarter. Finally, Diversified Enterprises LLC raised its position in shares of Schwab US Large-Cap ETF by 2.9% in the 4th quarter. Diversified Enterprises LLC now owns 16,962,165 shares of the company’s stock worth $456,452,000 after acquiring an additional 480,959 shares in the last quarter.

Schwab US Large-Cap ETF Stock Performance

Shares of NYSEARCA:SCHX opened at $29.01 on Wednesday. Schwab US Large-Cap ETF has a 52-week low of $21.81 and a 52-week high of $29.12. The firm has a market capitalization of $69.95 billion, a P/E ratio of 25.66 and a beta of 1.01. The stock has a 50 day moving average price of $26.98 and a 200-day moving average price of $26.98.

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.