Clark Asset Management LLC Purchases New Position in Schwab US Large-Cap ETF $SCHX

Clark Asset Management LLC purchased a new stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 24,594 shares of the company’s stock, valued at approximately $601,000.

Several other institutional investors and hedge funds have also recently modified their holdings of SCHX. US Bancorp DE increased its stake in shares of Schwab US Large-Cap ETF by 5.2% in the 1st quarter. US Bancorp DE now owns 217,201,393 shares of the company’s stock valued at $4,795,807,000 after purchasing an additional 10,782,297 shares in the last quarter. Betterment LLC boosted its holdings in Schwab US Large-Cap ETF by 119.6% in the 1st quarter. Betterment LLC now owns 13,225,086 shares of the company’s stock worth $292,010,000 after buying an additional 7,201,786 shares during the last quarter. Fund Evaluation Group LLC boosted its holdings in Schwab US Large-Cap ETF by 89.4% in the 1st quarter. Fund Evaluation Group LLC now owns 7,955,519 shares of the company’s stock worth $175,658,000 after buying an additional 3,755,090 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in Schwab US Large-Cap ETF by 17.8% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 24,479,012 shares of the company’s stock worth $540,497,000 after buying an additional 3,701,133 shares during the last quarter. Finally, Wealthspire Advisors LLC boosted its holdings in shares of Schwab US Large-Cap ETF by 95.7% during the 1st quarter. Wealthspire Advisors LLC now owns 6,083,326 shares of the company’s stock worth $134,320,000 after purchasing an additional 2,974,256 shares during the last quarter.

Schwab US Large-Cap ETF Price Performance

Shares of Schwab US Large-Cap ETF stock opened at $27.12 on Tuesday. The stock has a market cap of $62.92 billion, a P/E ratio of 25.66 and a beta of 1.01. The stock’s 50 day simple moving average is $26.09 and its 200-day simple moving average is $24.48. Schwab US Large-Cap ETF has a 1-year low of $19.00 and a 1-year high of $27.13.

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.