Monetary Solutions Ltd Makes New Investment in Schwab US Large-Cap ETF $SCHX

Monetary Solutions Ltd acquired a new stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 305,547 shares of the company’s stock, valued at approximately $8,222,000. Schwab US Large-Cap ETF comprises about 8.1% of Monetary Solutions Ltd’s portfolio, making the stock its 3rd largest position.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in SCHX. Corient Private Wealth LLC raised its holdings in shares of Schwab US Large-Cap ETF by 163.9% during the second quarter. Corient Private Wealth LLC now owns 12,518,206 shares of the company’s stock worth $306,087,000 after purchasing an additional 7,775,179 shares during the last quarter. EP Wealth Advisors LLC purchased a new stake in Schwab US Large-Cap ETF in the fourth quarter valued at $86,562,000. Fund Evaluation Group LLC boosted its holdings in Schwab US Large-Cap ETF by 32.4% in the fourth quarter. Fund Evaluation Group LLC now owns 9,492,565 shares of the company’s stock valued at $255,445,000 after purchasing an additional 2,325,216 shares during the last quarter. Moneta Group Investment Advisors LLC grew its position in Schwab US Large-Cap ETF by 5.5% during the 3rd quarter. Moneta Group Investment Advisors LLC now owns 34,779,046 shares of the company’s stock worth $916,080,000 after purchasing an additional 1,808,743 shares during the period. Finally, Modern Wealth Management LLC raised its stake in shares of Schwab US Large-Cap ETF by 3,179.2% during the 3rd quarter. Modern Wealth Management LLC now owns 1,815,186 shares of the company’s stock valued at $47,812,000 after buying an additional 1,759,832 shares during the last quarter.

Schwab US Large-Cap ETF Stock Up 1.0%

Shares of SCHX opened at $29.49 on Friday. Schwab US Large-Cap ETF has a 52 week low of $23.50 and a 52 week high of $29.95. The company has a market capitalization of $71.11 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01. The stock’s 50-day moving average price is $28.72 and its 200-day moving average price is $27.49.

Schwab US Large-Cap ETF 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. 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.