Spreng Capital Management Inc. Grows Stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Spreng Capital Management Inc. increased its holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 195.8% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 25,412 shares of the company’s stock after buying an additional 16,822 shares during the quarter. Spreng Capital Management Inc.’s holdings in Schwab US Large-Cap ETF were worth $589,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. McClarren Financial Advisors Inc. bought a new position in shares of Schwab US Large-Cap ETF in the fourth quarter worth about $25,000. Prudent Man Investment Management Inc. purchased a new position in Schwab US Large-Cap ETF in the 4th quarter worth about $26,000. Versant Capital Management Inc raised its position 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 valued at $29,000 after purchasing an additional 842 shares in the last quarter. IFS Advisors LLC purchased a new stake in Schwab US Large-Cap ETF during the fourth quarter worth $30,000. Finally, Princeton Global Asset Management LLC lifted its position in shares of Schwab US Large-Cap ETF by 200.7% during the fourth quarter. Princeton Global Asset Management LLC now owns 1,299 shares of the company’s stock valued at $30,000 after buying an additional 867 shares during the last quarter.

Schwab US Large-Cap ETF Trading Down 1.5 %

NYSEARCA SCHX opened at $19.60 on Wednesday. The firm has a market capitalization of $44.30 billion, a P/E ratio of 24.34 and a beta of 1.03. The firm’s fifty day simple moving average is $22.82 and its two-hundred day simple moving average is $23.15. Schwab US Large-Cap ETF has a 12-month low of $19.00 and a 12-month high of $24.31.

Schwab US Large-Cap ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were given a $0.0668 dividend. 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.