Paulson Wealth Management Inc. lessened its holdings in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX – Free Report) by 9.6% in the first quarter, Holdings Channel.com reports. The fund owned 216,153 shares of the company’s stock after selling 22,999 shares during the period. Schwab US Large-Cap ETF comprises approximately 1.3% of Paulson Wealth Management Inc.’s portfolio, making the stock its 13th largest holding. Paulson Wealth Management Inc.’s holdings in Schwab US Large-Cap ETF were worth $4,773,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. SouthState Corp raised its holdings in Schwab US Large-Cap ETF by 115,024.3% in the first quarter. SouthState Corp now owns 407,540 shares of the company’s stock worth $8,998,000 after purchasing an additional 407,186 shares in the last quarter. Cooper Financial Group raised its holdings in Schwab US Large-Cap ETF by 16.0% in the first quarter. Cooper Financial Group now owns 83,980 shares of the company’s stock worth $1,854,000 after purchasing an additional 11,612 shares in the last quarter. Covington Investment Advisors Inc. raised its holdings in Schwab US Large-Cap ETF by 7.8% in the first quarter. Covington Investment Advisors Inc. now owns 33,745 shares of the company’s stock worth $745,000 after purchasing an additional 2,435 shares in the last quarter. Pandora Wealth Inc. bought a new position in Schwab US Large-Cap ETF in the first quarter worth $240,000. Finally, Fiduciary Family Office LLC bought a new position in Schwab US Large-Cap ETF in the first quarter worth $733,000.
Schwab US Large-Cap ETF Trading Up 0.6%
SCHX opened at $25.21 on Monday. The stock has a fifty day simple moving average of $24.43 and a two-hundred day simple moving average of $23.24. The company has a market cap of $57.75 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 $19.00 and a 12-month high of $25.35.
About Schwab US Large-Cap ETF
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.
Featured Stories
- Five stocks we like better than Schwab US Large-Cap ETF
- Asset Allocation Strategies in Volatile Markets
- 3 Dividend Stocks Raising Payouts—and Backing It Up With Results
- What is the Hang Seng index?
- 3 Stocks With Monopoly Power—and Minimal Competition
- Quiet Period Expirations Explained
- Rocket Lab Reports Q2 Results: Is the Bull Thesis Still Intact?
Want to see what other hedge funds are holding SCHX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab US Large-Cap ETF (NYSEARCA:SCHX – Free Report).
Receive News & Ratings for Schwab US Large-Cap ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab US Large-Cap ETF and related companies with MarketBeat.com's FREE daily email newsletter.