Stonebridge Financial Group LLC Invests $164,000 in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Stonebridge Financial Group LLC bought a new stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) in the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 7,074 shares of the company’s stock, valued at approximately $164,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Armor Investment Advisors LLC lifted its holdings in shares of Schwab US Large-Cap ETF by 200.5% during the fourth quarter. Armor Investment Advisors LLC now owns 17,694 shares of the company’s stock worth $410,000 after buying an additional 11,806 shares during the last quarter. Focus Financial Network Inc. increased its position in Schwab US Large-Cap ETF by 194.1% during the fourth quarter. Focus Financial Network Inc. now owns 656,736 shares of the company’s stock worth $15,223,000 after acquiring an additional 433,396 shares during the period. MADDEN SECURITIES Corp raised its stake in Schwab US Large-Cap ETF by 196.4% during the 4th quarter. MADDEN SECURITIES Corp now owns 70,120 shares of the company’s stock valued at $1,625,000 after purchasing an additional 46,466 shares during the last quarter. International Private Wealth Advisors LLC boosted its holdings in Schwab US Large-Cap ETF by 155.8% in the 4th quarter. International Private Wealth Advisors LLC now owns 70,624 shares of the company’s stock valued at $1,637,000 after purchasing an additional 43,014 shares during the period. Finally, First National Corp MA ADV grew its position in Schwab US Large-Cap ETF by 210.1% in the 4th quarter. First National Corp MA ADV now owns 718,872 shares of the company’s stock worth $16,663,000 after purchasing an additional 487,024 shares during the last quarter.

Schwab US Large-Cap ETF Stock Performance

Shares of SCHX opened at $23.93 on Thursday. The company has a 50-day simple moving average of $23.70 and a 200-day simple moving average of $22.90. Schwab US Large-Cap ETF has a 52 week low of $19.39 and a 52 week high of $24.23. The firm has a market capitalization of $15.60 billion, a P/E ratio of 26.53 and a beta of 1.02.

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.