Connecticut Wealth Management LLC Invests $390,000 in Schwab US Large-Cap ETF $SCHX

Connecticut Wealth Management LLC bought a new position in Schwab US Large-Cap ETF (NYSEARCA:SCHX) in the 1st quarter, HoldingsChannel reports. The fund bought 17,659 shares of the company’s stock, valued at approximately $390,000.

Several other hedge funds also recently made changes to their positions in the company. Activest Wealth Management acquired a new position in shares of Schwab US Large-Cap ETF in the 1st quarter worth approximately $1,450,000. Vident Advisory LLC grew its position in shares of Schwab US Large-Cap ETF by 4.2% in the 1st quarter. Vident Advisory LLC now owns 18,188 shares of the company’s stock worth $402,000 after acquiring an additional 726 shares in the last quarter. Evergreen Capital Management LLC grew its position in shares of Schwab US Large-Cap ETF by 21.6% in the 1st quarter. Evergreen Capital Management LLC now owns 49,354 shares of the company’s stock worth $1,090,000 after acquiring an additional 8,779 shares in the last quarter. WPG Advisers LLC acquired a new position in shares of Schwab US Large-Cap ETF in the 1st quarter worth approximately $394,000. Finally, Tortoise Investment Management LLC grew its position in shares of Schwab US Large-Cap ETF by 12.9% in the 1st quarter. Tortoise Investment Management LLC now owns 722,818 shares of the company’s stock worth $15,960,000 after acquiring an additional 82,611 shares in the last quarter.

Schwab US Large-Cap ETF Trading Down 0.6%

Shares of SCHX opened at $25.57 on Friday. The firm has a market cap of $58.71 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01. The stock has a 50 day moving average of $24.97 and a 200-day moving average of $23.41. Schwab US Large-Cap ETF has a 52 week low of $19.00 and a 52 week high of $25.74.

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.