Destination Wealth Management Boosts Stock Position in Schwab US Large-Cap ETF $SCHX

Destination Wealth Management boosted its holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 48.4% during the 4th quarter, Holdings Channel reports. The firm owned 1,416,630 shares of the company’s stock after acquiring an additional 462,254 shares during the period. Destination Wealth Management’s holdings in Schwab US Large-Cap ETF were worth $38,122,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Bfsg LLC boosted its position in Schwab US Large-Cap ETF by 0.8% in the fourth quarter. Bfsg LLC now owns 49,029 shares of the company’s stock worth $1,319,000 after purchasing an additional 374 shares during the last quarter. Sound Stewardship LLC boosted its position in 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 purchasing an additional 381 shares during the last quarter. Traub Capital Management LLC boosted its position in 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 purchasing an additional 400 shares during the last quarter. Cadence Wealth Management LLC boosted its position in Schwab US Large-Cap ETF by 2.9% in the fourth quarter. Cadence Wealth Management LLC now owns 14,389 shares of the company’s stock worth $387,000 after purchasing an additional 401 shares during the last quarter. Finally, Goldstein Advisors LLC boosted its position in Schwab US Large-Cap ETF by 1.5% in the fourth quarter. Goldstein Advisors LLC now owns 26,484 shares of the company’s stock worth $713,000 after purchasing an additional 401 shares during the last quarter.

Schwab US Large-Cap ETF Trading Up 0.5%

SCHX stock opened at $29.21 on Friday. The stock’s fifty day simple moving average is $28.43 and its two-hundred day simple moving average is $27.41. Schwab US Large-Cap ETF has a 1-year low of $23.50 and a 1-year high of $29.95. The stock has a market cap of $70.44 billion, a P/E ratio of 25.66 and a beta of 1.01.

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.