Schwab US Large-Cap ETF $SCHX Shares Acquired by Modern Wealth Management LLC

Modern Wealth Management LLC boosted its holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 4.4% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 2,088,892 shares of the company’s stock after buying an additional 88,534 shares during the period. Schwab US Large-Cap ETF accounts for approximately 0.9% of Modern Wealth Management LLC’s holdings, making the stock its 24th largest holding. Modern Wealth Management LLC owned approximately 0.09% of Schwab US Large-Cap ETF worth $53,977,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. IFC & Insurance Marketing Inc. purchased a new stake in Schwab US Large-Cap ETF in the fourth quarter valued at approximately $25,000. Measured Wealth Private Client Group LLC acquired a new position in shares of Schwab US Large-Cap ETF in the 3rd quarter valued at $26,000. Optima Capital LLC purchased a new stake in shares of Schwab US Large-Cap ETF during the 4th quarter valued at $29,000. Tidemark LLC increased its holdings in shares of Schwab US Large-Cap ETF by 474.3% during the 4th quarter. Tidemark LLC now owns 1,275 shares of the company’s stock worth $34,000 after buying an additional 1,053 shares during the last quarter. Finally, Signature Resources Capital Management LLC increased its holdings in shares of Schwab US Large-Cap ETF by 510.5% during the 1st quarter. Signature Resources Capital Management LLC now owns 1,337 shares of the company’s stock worth $34,000 after buying an additional 1,118 shares during the last quarter.

Schwab US Large-Cap ETF Trading Down 1.2%

Shares of SCHX opened at $29.09 on Friday. Schwab US Large-Cap ETF has a twelve month low of $24.52 and a twelve month high of $29.95. The firm has a market capitalization of $70.94 billion, a P/E ratio of 25.66 and a beta of 1.00. The stock’s fifty day simple moving average is $29.36 and its 200 day simple moving average is $27.91.

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. The Index is a float-adjusted market capitalization weighted index. The types of derivatives used by the Fund are options, futures, options on futures and swaps.