First Growth Capital LLC Invests $2.83 Million in Schwab US Large-Cap ETF $SCHX

First Growth Capital LLC bought a new position in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 103,820 shares of the company’s stock, valued at approximately $2,833,000. Schwab US Large-Cap ETF comprises 2.8% of First Growth Capital LLC’s portfolio, making the stock its 3rd biggest position.

Several other institutional investors also recently bought and sold shares of SCHX. Moneta Group Investment Advisors LLC lifted its stake in Schwab US Large-Cap ETF by 3.0% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 35,831,024 shares of the company’s stock worth $964,213,000 after purchasing an additional 1,051,978 shares in the last quarter. HBK Sorce Advisory LLC boosted its holdings in shares of Schwab US Large-Cap ETF by 1.3% during the 4th quarter. HBK Sorce Advisory LLC now owns 34,479,165 shares of the company’s stock valued at $939,212,000 after purchasing an additional 437,374 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in shares of Schwab US Large-Cap ETF by 5.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 30,984,972 shares of the company’s stock valued at $833,806,000 after purchasing an additional 1,546,669 shares in the last quarter. Sage Financial Group Inc. grew its position in shares of Schwab US Large-Cap ETF by 0.8% during the third quarter. Sage Financial Group Inc. now owns 25,009,642 shares of the company’s stock valued at $658,754,000 after purchasing an additional 199,289 shares in the last quarter. Finally, Captrust Financial Advisors increased its holdings in shares of Schwab US Large-Cap ETF by 5.6% in the fourth quarter. Captrust Financial Advisors now owns 19,522,489 shares of the company’s stock worth $525,350,000 after purchasing an additional 1,039,540 shares during the last quarter.

Schwab US Large-Cap ETF Trading Up 1.0%

Shares of SCHX stock opened at $29.49 on Friday. The stock has a market capitalization of $71.11 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01. Schwab US Large-Cap ETF has a 12-month low of $23.50 and a 12-month high of $29.95. The stock’s 50-day moving average price is $28.72 and its 200-day moving average price is $27.49.

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.