Sfmg LLC Raises Stock Holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Sfmg LLC boosted its stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 29.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 94,828 shares of the company’s stock after purchasing an additional 21,661 shares during the quarter. Schwab US Large-Cap ETF comprises approximately 0.5% of Sfmg LLC’s portfolio, making the stock its 28th biggest holding. Sfmg LLC’s holdings in Schwab US Large-Cap ETF were worth $5,348,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Providence Capital Advisors LLC bought a new stake in Schwab US Large-Cap ETF in the 3rd quarter worth approximately $26,000. Cordant Inc. lifted its holdings in shares of Schwab US Large-Cap ETF by 133.9% in the 4th quarter. Cordant Inc. now owns 594 shares of the company’s stock worth $34,000 after acquiring an additional 340 shares during the last quarter. PCA Investment Advisory Services Inc. purchased a new stake in shares of Schwab US Large-Cap ETF in the 2nd quarter valued at $35,000. Baltimore Washington Financial Advisors Inc. bought a new position in shares of Schwab US Large-Cap ETF during the 1st quarter valued at $10,728,000. Finally, Stonebridge Capital Advisors LLC purchased a new position in Schwab US Large-Cap ETF in the 4th quarter worth $32,000.

Schwab US Large-Cap ETF Price Performance

NYSEARCA SCHX traded down $0.19 during trading on Wednesday, hitting $59.45. 374,841 shares of the company’s stock traded hands, compared to its average volume of 1,841,857. The firm has a market cap of $38.52 billion, a P/E ratio of 25.60 and a beta of 1.02. The stock has a fifty day moving average of $60.63 and a two-hundred day moving average of $56.33. Schwab US Large-Cap ETF has a 12-month low of $47.57 and a 12-month high of $62.24.

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.