Wealth Group Ltd Increases Stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Wealth Group Ltd raised its position in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 198.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 117,263 shares of the company’s stock after purchasing an additional 77,928 shares during the quarter. Schwab US Large-Cap ETF accounts for about 0.8% of Wealth Group Ltd’s investment portfolio, making the stock its 17th biggest holding. Wealth Group Ltd’s holdings in Schwab US Large-Cap ETF were worth $2,718,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of SCHX. Brass Tax Wealth Management Inc. bought a new stake in Schwab US Large-Cap ETF in the 3rd quarter worth about $3,040,000. B. Riley Wealth Advisors Inc. boosted its holdings in shares of Schwab US Large-Cap ETF by 4.8% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 110,984 shares of the company’s stock valued at $7,469,000 after acquiring an additional 5,035 shares during the last quarter. Anchor Investment Management LLC grew its stake in shares of Schwab US Large-Cap ETF by 8.1% in the third quarter. Anchor Investment Management LLC now owns 375,706 shares of the company’s stock worth $25,492,000 after acquiring an additional 28,277 shares during the period. Howard Capital Management Group LLC purchased a new position in shares of Schwab US Large-Cap ETF during the third quarter valued at approximately $209,000. Finally, World Investment Advisors LLC lifted its position in Schwab US Large-Cap ETF by 12.5% during the third quarter. World Investment Advisors LLC now owns 50,196 shares of the company’s stock valued at $3,406,000 after purchasing an additional 5,575 shares during the period.

Schwab US Large-Cap ETF Trading Up 0.2 %

SCHX stock traded up $0.05 on Wednesday, hitting $23.36. The company had a trading volume of 7,770,226 shares, compared to its average volume of 8,883,725. The stock has a market cap of $15.23 billion, a price-to-earnings ratio of 26.53 and a beta of 1.02. The stock’s 50-day simple moving average is $23.54 and its 200 day simple moving average is $22.55. Schwab US Large-Cap ETF has a 12-month low of $18.56 and a 12-month high of $24.19.

Schwab US Large-Cap ETF 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.