Strategic Financial Concepts LLC Buys New Shares in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Strategic Financial Concepts LLC bought a new stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) in the 4th quarter, HoldingsChannel reports. The institutional investor bought 61,136 shares of the company’s stock, valued at approximately $1,417,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Concourse Financial Group Securities Inc. lifted its stake in Schwab US Large-Cap ETF by 224.3% during the third quarter. Concourse Financial Group Securities Inc. now owns 373 shares of the company’s stock worth $25,000 after purchasing an additional 258 shares during the period. Versant Capital Management Inc increased its holdings in shares of Schwab US Large-Cap ETF by 201.0% in the fourth quarter. Versant Capital Management Inc now owns 1,261 shares of the company’s stock valued at $29,000 after purchasing an additional 842 shares in the last quarter. IFS Advisors LLC acquired a new stake in shares of Schwab US Large-Cap ETF in the fourth quarter valued at approximately $30,000. Princeton Global Asset Management LLC grew its holdings in Schwab US Large-Cap ETF by 200.7% during the 4th quarter. Princeton Global Asset Management LLC now owns 1,299 shares of the company’s stock worth $30,000 after acquiring an additional 867 shares during the period. Finally, Brooklyn Investment Group acquired a new stake in Schwab US Large-Cap ETF during the 4th quarter worth $32,000.

Schwab US Large-Cap ETF Stock Performance

SCHX opened at $24.00 on Tuesday. The company has a fifty day moving average price of $23.70 and a two-hundred day moving average price of $22.87. Schwab US Large-Cap ETF has a 52 week low of $19.39 and a 52 week high of $24.23. The firm has a market capitalization of $15.65 billion, a PE ratio of 26.53 and a beta of 1.02.

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.