Sheets Smith Wealth Management increased its holdings in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX – Free Report) by 5.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 705,070 shares of the company’s stock after buying an additional 38,456 shares during the quarter. Schwab US Large-Cap ETF accounts for approximately 2.1% of Sheets Smith Wealth Management’s holdings, making the stock its 6th biggest position. Sheets Smith Wealth Management’s holdings in Schwab US Large-Cap ETF were worth $18,973,000 at the end of the most recent quarter.
Other large investors also recently made changes to their positions in the company. Measured Wealth Private Client Group LLC acquired a new position in Schwab US Large-Cap ETF in the 3rd quarter valued at approximately $26,000. DiNuzzo Private Wealth Inc. lifted its position in shares of Schwab US Large-Cap ETF by 61.2% in the third quarter. DiNuzzo Private Wealth Inc. now owns 1,093 shares of the company’s stock worth $28,000 after buying an additional 415 shares during the last quarter. Ransom Advisory Ltd acquired a new stake in Schwab US Large-Cap ETF in the 4th quarter worth approximately $40,000. First Command Advisory Services Inc. bought a new stake in shares of Schwab US Large-Cap ETF during the 3rd quarter worth $43,000. Finally, Manning & Napier Advisors LLC boosted its holdings in Schwab US Large-Cap ETF by 31.4% during the third quarter. Manning & Napier Advisors LLC now owns 1,693 shares of the company’s stock valued at $45,000 after acquiring an additional 405 shares during the period.
Schwab US Large-Cap ETF Price Performance
Schwab US Large-Cap ETF stock opened at $25.86 on Friday. The business has a 50 day moving average price of $26.64 and a two-hundred day moving average price of $26.72. The stock has a market cap of $61.95 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01. Schwab US Large-Cap ETF has a 12 month low of $19.00 and a 12 month high of $27.54.
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. The Index is a float-adjusted market capitalization weighted index. The types of derivatives used by the Fund are options, futures, options on futures and swaps.
Further Reading
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