Vertex Planning Partners LLC Has $581,000 Position in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Vertex Planning Partners LLC increased its position in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 200.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 25,050 shares of the company’s stock after acquiring an additional 16,700 shares during the quarter. Vertex Planning Partners LLC’s holdings in Schwab US Large-Cap ETF were worth $581,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SCHX. Howard Capital Management Group LLC bought a new stake in Schwab US Large-Cap ETF during the third quarter valued at $209,000. Raymond James Trust N.A. acquired a new position in shares of Schwab US Large-Cap ETF in the 3rd quarter valued at about $244,000. Independent Advisor Alliance boosted its position in shares of Schwab US Large-Cap ETF by 16.8% during the 3rd quarter. Independent Advisor Alliance now owns 4,415 shares of the company’s stock valued at $300,000 after purchasing an additional 634 shares in the last quarter. Bank of Montreal Can grew its stake in Schwab US Large-Cap ETF by 3.5% during the third quarter. Bank of Montreal Can now owns 63,985 shares of the company’s stock worth $4,326,000 after purchasing an additional 2,171 shares during the period. Finally, FMR LLC increased its holdings in Schwab US Large-Cap ETF by 9.4% in the third quarter. FMR LLC now owns 308,233 shares of the company’s stock worth $20,914,000 after purchasing an additional 26,415 shares in the last quarter.

Schwab US Large-Cap ETF Stock Down 0.5 %

Shares of SCHX stock opened at $22.39 on Friday. Schwab US Large-Cap ETF has a 52 week low of $19.50 and a 52 week high of $24.31. The company has a market cap of $50.38 billion, a price-to-earnings ratio of 24.44 and a beta of 1.03. The firm has a 50 day moving average of $23.35 and a 200-day moving average of $23.21.

Schwab US Large-Cap ETF Cuts Dividend

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