Elgethun Capital Management Purchases 71,866 Shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Elgethun Capital Management lifted its position in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 179.2% in the fourth quarter, HoldingsChannel.com reports. The fund owned 111,971 shares of the company’s stock after buying an additional 71,866 shares during the period. Elgethun Capital Management’s holdings in Schwab US Large-Cap ETF were worth $2,595,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the company. US Bancorp DE lifted its position in shares of Schwab US Large-Cap ETF by 902.4% during the 4th quarter. US Bancorp DE now owns 206,419,096 shares of the company’s stock worth $4,784,795,000 after buying an additional 185,825,669 shares during the last quarter. Sei Investments Co. lifted its holdings in shares of Schwab US Large-Cap ETF by 184.7% in the fourth quarter. Sei Investments Co. now owns 35,164,430 shares of the company’s stock worth $815,114,000 after acquiring an additional 22,812,367 shares during the last quarter. HBK Sorce Advisory LLC boosted its stake in shares of Schwab US Large-Cap ETF by 202.2% in the 4th quarter. HBK Sorce Advisory LLC now owns 32,139,846 shares of the company’s stock valued at $745,002,000 after purchasing an additional 21,503,265 shares in the last quarter. Sage Financial Group Inc. grew its holdings in shares of Schwab US Large-Cap ETF by 197.7% during the 4th quarter. Sage Financial Group Inc. now owns 24,865,286 shares of the company’s stock valued at $576,377,000 after purchasing an additional 16,511,474 shares during the last quarter. Finally, Cerity Partners LLC increased its position in Schwab US Large-Cap ETF by 196.9% during the 4th quarter. Cerity Partners LLC now owns 18,460,760 shares of the company’s stock worth $428,582,000 after purchasing an additional 12,242,859 shares in the last quarter.

Schwab US Large-Cap ETF Trading Down 5.9 %

Shares of SCHX stock opened at $19.95 on Monday. The business’s 50-day moving average price is $23.07 and its 200-day moving average price is $23.21. Schwab US Large-Cap ETF has a 12 month low of $19.03 and a 12 month high of $24.31. The firm has a market capitalization of $45.09 billion, a price-to-earnings ratio of 24.34 and a beta of 1.03.

Schwab US Large-Cap ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th were paid a dividend of $0.0668 per share. The ex-dividend date was Wednesday, March 26th.

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.