D.A. Davidson & CO. Makes New $610,000 Investment in Schwab US Large-Cap ETF $SCHX

D.A. Davidson & CO. purchased a new stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 20,340 shares of the company’s stock, valued at approximately $610,000.

Several other hedge funds and other institutional investors also recently modified their holdings of SCHX. Sei Investments Co. lifted its holdings in Schwab US Large-Cap ETF by 5.0% during the first quarter. Sei Investments Co. now owns 32,528,571 shares of the company’s stock valued at $834,033,000 after purchasing an additional 1,554,760 shares during the last quarter. Koss Olinger Consulting LLC lifted its position in Schwab US Large-Cap ETF by 4.9% during the first quarter. Koss Olinger Consulting LLC now owns 10,490,753 shares of the company’s stock valued at $268,983,000 after acquiring an additional 492,244 shares during the last quarter. Bank of America Corp DE raised its position in Schwab US Large-Cap ETF by 11.7% during the first quarter. Bank of America Corp DE now owns 10,076,451 shares of the company’s stock valued at $258,360,000 after acquiring an additional 1,054,612 shares in the last quarter. Farther Finance Advisors LLC raised its position in Schwab US Large-Cap ETF by 25.6% in the third quarter. Farther Finance Advisors LLC now owns 7,460,996 shares of the company’s stock valued at $223,830,000 after purchasing an additional 1,521,618 shares during the period. Finally, Vantagepoint Investment Advisers LLC acquired a new position in Schwab US Large-Cap ETF during the third quarter worth approximately $217,526,000.

Schwab US Large-Cap ETF Stock Performance

Shares of NYSEARCA SCHX opened at $28.93 on Friday. Schwab US Large-Cap ETF has a 1 year low of $24.81 and a 1 year high of $30.79. The firm has a market cap of $71.33 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01. The stock’s 50-day simple moving average is $30.15 and its 200-day simple moving average is $28.77.

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.