Schwab US Large-Cap ETF (NYSEARCA:SCHX) Shares Purchased by Bessemer Group Inc.

Bessemer Group Inc. increased its position in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 3,355.4% in the fourth quarter, HoldingsChannel.com reports. The fund owned 27,643 shares of the company’s stock after buying an additional 26,843 shares during the period. Bessemer Group Inc.’s holdings in Schwab US Large-Cap ETF were worth $641,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SCHX. Howard Capital Management Group LLC purchased a new position in shares of Schwab US Large-Cap ETF during the third quarter worth $209,000. Anchor Investment Management LLC grew its position in Schwab US Large-Cap ETF by 8.1% during the 3rd quarter. Anchor Investment Management LLC now owns 375,706 shares of the company’s stock worth $25,492,000 after purchasing an additional 28,277 shares during the period. World Investment Advisors LLC raised its stake in shares of Schwab US Large-Cap ETF by 12.5% during the 3rd quarter. World Investment Advisors LLC now owns 50,196 shares of the company’s stock valued at $3,406,000 after buying an additional 5,575 shares during the last quarter. Peapack Gladstone Financial Corp lifted its holdings in shares of Schwab US Large-Cap ETF by 3.6% in the 3rd quarter. Peapack Gladstone Financial Corp now owns 148,288 shares of the company’s stock valued at $10,061,000 after buying an additional 5,126 shares during the period. Finally, Brass Tax Wealth Management Inc. purchased a new stake in shares of Schwab US Large-Cap ETF in the third quarter worth about $3,040,000.

Schwab US Large-Cap ETF Trading Down 0.2 %

Shares of SCHX stock opened at $21.21 on Wednesday. The stock has a market cap of $47.93 billion, a P/E ratio of 24.34 and a beta of 1.03. Schwab US Large-Cap ETF has a twelve month low of $19.00 and a twelve month high of $24.31. The stock has a 50 day moving average of $22.49 and a 200 day moving average of $23.09.

Schwab US Large-Cap ETF Cuts Dividend

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