Independent Wealth Network Inc. Has $241,000 Position in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Independent Wealth Network Inc. boosted its holdings in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 135.0% during the 4th quarter, Holdings Channel.com reports. The fund owned 10,408 shares of the company’s stock after purchasing an additional 5,979 shares during the period. Independent Wealth Network Inc.’s holdings in Schwab US Large-Cap ETF were worth $241,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Concourse Financial Group Securities Inc. increased its position 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 buying an additional 258 shares during the last quarter. Versant Capital Management Inc boosted its stake in shares of Schwab US Large-Cap ETF by 201.0% during the 4th quarter. Versant Capital Management Inc now owns 1,261 shares of the company’s stock worth $29,000 after acquiring an additional 842 shares in the last quarter. IFS Advisors LLC acquired a new position in shares of Schwab US Large-Cap ETF during the 4th quarter valued at about $30,000. Brooklyn Investment Group bought a new position in shares of Schwab US Large-Cap ETF in the 4th quarter valued at approximately $32,000. Finally, Rise Advisors LLC lifted its holdings in Schwab US Large-Cap ETF by 459.5% in the 4th quarter. Rise Advisors LLC now owns 1,410 shares of the company’s stock worth $33,000 after purchasing an additional 1,158 shares during the last quarter.

Schwab US Large-Cap ETF Stock Up 0.5 %

Shares of Schwab US Large-Cap ETF stock opened at $24.19 on Friday. Schwab US Large-Cap ETF has a 12-month low of $19.08 and a 12-month high of $24.19. The stock has a market capitalization of $15.77 billion, a P/E ratio of 26.53 and a beta of 1.02. The stock has a 50 day moving average price of $23.61 and a two-hundred day moving average price of $22.69.

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.