David Wealth Management LLC Purchases New Holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

David Wealth Management LLC acquired a new stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 45,798 shares of the company’s stock, valued at approximately $1,062,000. Schwab US Large-Cap ETF comprises approximately 0.9% of David Wealth Management LLC’s holdings, making the stock its 15th largest holding.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Northwest Capital Management Inc raised its stake in shares of Schwab US Large-Cap ETF by 1.8% during the third quarter. Northwest Capital Management Inc now owns 265,123 shares of the company’s stock worth $17,989,000 after buying an additional 4,666 shares during the last quarter. Ritholtz Wealth Management acquired a new position in shares of Schwab US Large-Cap ETF in the 3rd quarter valued at $246,000. Concourse Financial Group Securities Inc. boosted its position in shares of Schwab US Large-Cap ETF by 224.3% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 373 shares of the company’s stock worth $25,000 after purchasing an additional 258 shares during the last quarter. Sound Income Strategies LLC bought a new position in Schwab US Large-Cap ETF during the third quarter worth about $57,000. Finally, BlueSky Wealth Advisors LLC grew its holdings in Schwab US Large-Cap ETF by 0.4% during the third quarter. BlueSky Wealth Advisors LLC now owns 1,976,058 shares of the company’s stock valued at $134,076,000 after purchasing an additional 7,313 shares during the period.

Schwab US Large-Cap ETF Price Performance

SCHX opened at $24.00 on Wednesday. The company has a fifty day simple moving average of $23.70 and a 200 day simple moving average of $22.88. The stock has a market cap of $15.65 billion, a P/E ratio of 26.53 and a beta of 1.02. Schwab US Large-Cap ETF has a 12 month low of $19.39 and a 12 month high of $24.23.

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.