IFP Advisors Inc Acquires 121,175 Shares of Schwab US Large-Cap ETF $SCHX

IFP Advisors Inc lifted its holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 20.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 710,515 shares of the company’s stock after acquiring an additional 121,175 shares during the period. IFP Advisors Inc’s holdings in Schwab US Large-Cap ETF were worth $19,120,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bfsg LLC boosted its stake in Schwab US Large-Cap ETF by 0.8% during the fourth quarter. Bfsg LLC now owns 49,029 shares of the company’s stock valued at $1,319,000 after buying an additional 374 shares during the last quarter. Sound Stewardship LLC raised its holdings in shares of Schwab US Large-Cap ETF by 2.6% in the fourth quarter. Sound Stewardship LLC now owns 14,789 shares of the company’s stock worth $398,000 after buying an additional 381 shares during the period. Independent Advisor Alliance raised its holdings in shares of Schwab US Large-Cap ETF by 1.1% in the third quarter. Independent Advisor Alliance now owns 35,309 shares of the company’s stock worth $930,000 after buying an additional 392 shares during the period. Traub Capital Management LLC raised its holdings in shares of Schwab US Large-Cap ETF by 2.6% in the fourth quarter. Traub Capital Management LLC now owns 15,891 shares of the company’s stock worth $428,000 after buying an additional 400 shares during the period. Finally, Snowden Capital Advisors LLC increased its holdings in Schwab US Large-Cap ETF by 3.3% during the 2nd quarter. Snowden Capital Advisors LLC now owns 12,522 shares of the company’s stock worth $306,000 after purchasing an additional 402 shares during the period.

Schwab US Large-Cap ETF Stock Down 0.7%

SCHX opened at $28.83 on Wednesday. The stock’s fifty day moving average is $27.20 and its two-hundred day moving average is $27.06. The company has a market capitalization of $69.52 billion, a P/E ratio of 25.66 and a beta of 1.01. Schwab US Large-Cap ETF has a 52 week low of $21.81 and a 52 week high of $29.46.

Schwab US Large-Cap ETF 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.