Destination Wealth Management Purchases 462,254 Shares of Schwab US Large-Cap ETF $SCHX

Destination Wealth Management grew its position in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 48.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,416,630 shares of the company’s stock after acquiring an additional 462,254 shares during the quarter. Destination Wealth Management owned about 0.06% of Schwab US Large-Cap ETF worth $38,122,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. IFC & Insurance Marketing Inc. purchased a new position in shares of Schwab US Large-Cap ETF during the fourth quarter valued at approximately $25,000. Measured Wealth Private Client Group LLC purchased a new position in shares of Schwab US Large-Cap ETF during the third quarter valued at approximately $26,000. Optima Capital LLC purchased a new position in shares of Schwab US Large-Cap ETF during the fourth quarter valued at approximately $29,000. Tidemark LLC boosted its position in shares of Schwab US Large-Cap ETF by 474.3% during the fourth quarter. Tidemark LLC now owns 1,275 shares of the company’s stock valued at $34,000 after buying an additional 1,053 shares during the last quarter. Finally, Acumen Wealth Advisors LLC purchased a new position in shares of Schwab US Large-Cap ETF during the fourth quarter valued at approximately $39,000.

Schwab US Large-Cap ETF Stock Up 0.5%

Shares of NYSEARCA:SCHX opened at $29.21 on Friday. The stock has a market cap of $70.44 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 $23.50 and a 12-month high of $29.95. The business’s 50 day moving average is $28.43 and its 200 day moving average is $27.41.

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. 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.