Royal Bank of Canada Buys 159,192 Shares of Schwab US Large-Cap ETF $SCHX

Royal Bank of Canada raised its stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 9.0% in the 1st quarter, HoldingsChannel.com reports. The firm owned 1,922,851 shares of the company’s stock after acquiring an additional 159,192 shares during the period. Royal Bank of Canada’s holdings in Schwab US Large-Cap ETF were worth $49,302,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Clayton Financial Group LLC boosted its holdings in shares of Schwab US Large-Cap ETF by 154.6% during the fourth quarter. Clayton Financial Group LLC now owns 49,587 shares of the company’s stock worth $1,334,000 after purchasing an additional 30,112 shares during the period. Farther Finance Advisors LLC grew its stake in shares of Schwab US Large-Cap ETF by 37.4% in the fourth quarter. Farther Finance Advisors LLC now owns 3,972,127 shares of the company’s stock worth $106,890,000 after purchasing an additional 1,081,148 shares during the last quarter. Rede Wealth LLC purchased a new position in Schwab US Large-Cap ETF during the 4th quarter valued at about $855,000. Steele Capital Management Inc. increased its holdings in Schwab US Large-Cap ETF by 1.8% during the 4th quarter. Steele Capital Management Inc. now owns 3,985,073 shares of the company’s stock valued at $107,238,000 after purchasing an additional 69,493 shares during the period. Finally, Chicago Partners Investment Group LLC raised its position in Schwab US Large-Cap ETF by 6.4% during the 4th quarter. Chicago Partners Investment Group LLC now owns 1,735,246 shares of the company’s stock valued at $47,233,000 after purchasing an additional 104,479 shares during the last quarter.

Schwab US Large-Cap ETF Stock Performance

NYSEARCA SCHX opened at $29.44 on Monday. Schwab US Large-Cap ETF has a fifty-two week low of $24.52 and a fifty-two week high of $29.95. The stock has a 50 day simple moving average of $29.37 and a two-hundred day simple moving average of $27.99. The stock has a market cap of $71.82 billion, a P/E ratio of 25.66 and a beta of 1.00.

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.