Schwab US Large-Cap ETF (NYSEARCA:SCHX) Sets New 1-Year High Following Dividend Announcement

Schwab US Large-Cap ETF (NYSEARCA:SCHX) shares reached a new 52-week high on Friday after the company announced a dividend. The stock traded as high as $75.64 and last traded at $75.34, with a volume of 16111 shares traded. The stock had previously closed at $75.29.

The newly announced dividend which will be paid on Tuesday, December 17th. Shareholders of record on Friday, December 13th will be issued a $0.4665 dividend. This represents a $1.87 dividend on an annualized basis and a yield of 2.48%. This is a positive change from Schwab US Large-Cap ETF’s previous quarterly dividend of $0.29. The ex-dividend date is Thursday, December 12th.

The business has a fifty day simple moving average of $73.98 and a 200 day simple moving average of $71.13.

A number of hedge funds and other institutional investors have recently modified their holdings of SCHX. Phocas Financial Corp. grew its holdings in shares of Schwab US Large-Cap ETF by 939,351.4% during the 2nd quarter. Phocas Financial Corp. now owns 1,062,782,606 shares of the company’s stock worth $745,967,000 after purchasing an additional 1,062,669,478 shares in the last quarter. Charles Schwab Investment Advisory Inc. grew its holdings in shares of Schwab US Large-Cap ETF by 6.4% during the 2nd quarter. Charles Schwab Investment Advisory Inc. now owns 40,545,640 shares of the company’s stock worth $2,845,899,000 after purchasing an additional 2,424,529 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Schwab US Large-Cap ETF by 10.3% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 8,519,412 shares of the company’s stock worth $597,978,000 after purchasing an additional 797,630 shares in the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives grew its holdings in shares of Schwab US Large-Cap ETF by 289.3% during the 3rd quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 7,365,000 shares of the company’s stock worth $522,399,000 after purchasing an additional 5,473,000 shares in the last quarter. Finally, Sage Financial Group Inc. grew its holdings in shares of Schwab US Large-Cap ETF by 2.6% during the 3rd quarter. Sage Financial Group Inc. now owns 3,942,402 shares of the company’s stock worth $279,635,000 after purchasing an additional 98,825 shares in the last quarter.

About Schwab US Large-Cap ETF (NYSEARCA:SCHX)

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.

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