Schwab US Large-Cap ETF (NYSEARCA:SCHX) Shares Purchased by Standpoint Asset Management LLC

Standpoint Asset Management LLC lifted its holdings in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 200.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,773,400 shares of the company’s stock after buying an additional 2,515,600 shares during the quarter. Schwab US Large-Cap ETF comprises approximately 16.9% of Standpoint Asset Management LLC’s investment portfolio, making the stock its 4th biggest holding. Standpoint Asset Management LLC owned about 0.58% of Schwab US Large-Cap ETF worth $87,467,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of SCHX. Strategic Wealth Partners Ltd. grew its holdings in Schwab US Large-Cap ETF by 210.9% during the fourth quarter. Strategic Wealth Partners Ltd. now owns 11,616 shares of the company’s stock valued at $281,000 after purchasing an additional 7,880 shares during the period. Snowden Capital Advisors LLC lifted its position in shares of Schwab US Large-Cap ETF by 200.0% in the fourth quarter. Snowden Capital Advisors LLC now owns 12,525 shares of the company’s stock worth $290,000 after purchasing an additional 8,350 shares in the last quarter. Sentinus LLC increased its holdings in Schwab US Large-Cap ETF by 992.9% during the fourth quarter. Sentinus LLC now owns 44,603 shares of the company’s stock worth $1,034,000 after buying an additional 40,522 shares during the last quarter. Silvercrest Asset Management Group LLC acquired a new position in Schwab US Large-Cap ETF during the fourth quarter worth $727,000. Finally, Royal Bank of Canada increased its holdings in Schwab US Large-Cap ETF by 223.0% during the fourth quarter. Royal Bank of Canada now owns 1,537,595 shares of the company’s stock worth $35,642,000 after buying an additional 1,061,544 shares during the last quarter.

Schwab US Large-Cap ETF Price Performance

NYSEARCA:SCHX opened at $23.54 on Friday. Schwab US Large-Cap ETF has a one year low of $19.00 and a one year high of $24.31. The company has a market cap of $54.38 billion, a P/E ratio of 24.41 and a beta of 1.02. The firm’s fifty day moving average price is $21.80 and its two-hundred day moving average price is $22.96.

Schwab US Large-Cap ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th were issued a $0.0668 dividend. The ex-dividend date was Wednesday, March 26th.

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.