Rockbridge Investment Management LCC Acquires 16,402 Shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Rockbridge Investment Management LCC lifted its stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 169.6% during the 4th quarter, Holdings Channel reports. The firm owned 26,073 shares of the company’s stock after acquiring an additional 16,402 shares during the period. Rockbridge Investment Management LCC’s holdings in Schwab US Large-Cap ETF were worth $604,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in SCHX. McClarren Financial Advisors Inc. bought a new position in Schwab US Large-Cap ETF during the fourth quarter worth about $25,000. Versant Capital Management Inc boosted its stake in Schwab US Large-Cap ETF by 201.0% during the 4th quarter. Versant Capital Management Inc now owns 1,261 shares of the company’s stock worth $29,000 after acquiring an additional 842 shares during the last quarter. IFS Advisors LLC acquired a new position in Schwab US Large-Cap ETF during the fourth quarter valued at approximately $30,000. Princeton Global Asset Management LLC increased its stake in Schwab US Large-Cap ETF by 200.7% in the fourth quarter. Princeton Global Asset Management LLC now owns 1,299 shares of the company’s stock valued at $30,000 after purchasing an additional 867 shares in the last quarter. Finally, Delta Asset Management LLC TN raised its holdings in Schwab US Large-Cap ETF by 200.0% in the fourth quarter. Delta Asset Management LLC TN now owns 1,350 shares of the company’s stock worth $31,000 after purchasing an additional 900 shares during the period.

Schwab US Large-Cap ETF Stock Down 1.4 %

Shares of NYSEARCA SCHX opened at $22.50 on Thursday. Schwab US Large-Cap ETF has a twelve month low of $19.50 and a twelve month high of $24.31. The stock has a market cap of $50.63 billion, a price-to-earnings ratio of 24.44 and a beta of 1.03. The company’s fifty day moving average is $23.37 and its 200-day moving average is $23.22.

Schwab US Large-Cap ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th will be issued a dividend of $0.0668 per share. The ex-dividend date of this dividend is Wednesday, March 26th.

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.