Ocean Park Asset Management LLC Raises Stock Holdings in Schwab US Large-Cap ETF $SCHX

Ocean Park Asset Management LLC raised its position in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 70.0% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 216,949 shares of the company’s stock after purchasing an additional 89,327 shares during the period. Ocean Park Asset Management LLC’s holdings in Schwab US Large-Cap ETF were worth $5,563,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Brookstone Capital Management grew its holdings in Schwab US Large-Cap ETF by 43.4% in the first quarter. Brookstone Capital Management now owns 156,180 shares of the company’s stock valued at $4,004,000 after purchasing an additional 47,237 shares during the period. Tactive Advisors LLC grew its stake in shares of Schwab US Large-Cap ETF by 15.6% in the first quarter. Tactive Advisors LLC now owns 34,836 shares of the company’s stock valued at $893,000 after buying an additional 4,695 shares in the last quarter. Cambridge Advisors Inc. raised its stake in shares of Schwab US Large-Cap ETF by 2.0% during the first quarter. Cambridge Advisors Inc. now owns 47,019 shares of the company’s stock valued at $1,206,000 after purchasing an additional 936 shares during the period. Sunbeam Capital Management LLC purchased a new stake in Schwab US Large-Cap ETF during the 1st quarter worth $205,000. Finally, Balboa Wealth Partners lifted its stake in shares of Schwab US Large-Cap ETF by 21.6% in the first quarter. Balboa Wealth Partners now owns 58,926 shares of the company’s stock worth $1,511,000 after acquiring an additional 10,482 shares in the last quarter.

Schwab US Large-Cap ETF Price Performance

Shares of SCHX opened at $29.49 on Monday. Schwab US Large-Cap ETF has a 52-week low of $23.50 and a 52-week high of $29.95. The firm has a market cap of $71.11 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01. The business’s 50 day moving average is $28.77 and its two-hundred day moving average is $27.51.

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.