Cornerstone Wealth Advisors Inc. Has $6.31 Million Stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Cornerstone Wealth Advisors Inc. increased its position in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 187.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 272,165 shares of the company’s stock after purchasing an additional 177,374 shares during the period. Schwab US Large-Cap ETF comprises about 1.7% of Cornerstone Wealth Advisors Inc.’s investment portfolio, making the stock its 11th biggest holding. Cornerstone Wealth Advisors Inc.’s holdings in Schwab US Large-Cap ETF were worth $6,309,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Patriot Investment Management Group Inc. raised its holdings in Schwab US Large-Cap ETF by 206.7% in the 4th quarter. Patriot Investment Management Group Inc. now owns 369,931 shares of the company’s stock worth $8,575,000 after acquiring an additional 249,299 shares during the period. St. Johns Investment Management Company LLC grew its position in Schwab US Large-Cap ETF by 206.5% in the 4th quarter. St. Johns Investment Management Company LLC now owns 1,051,836 shares of the company’s stock worth $24,382,000 after purchasing an additional 708,616 shares during the last quarter. Sound Income Strategies LLC grew its position in Schwab US Large-Cap ETF by 893.0% in the 4th quarter. Sound Income Strategies LLC now owns 8,282 shares of the company’s stock worth $192,000 after purchasing an additional 7,448 shares during the last quarter. LexAurum Advisors LLC acquired a new stake in Schwab US Large-Cap ETF in the 4th quarter worth $385,000. Finally, RFG Advisory LLC grew its position in Schwab US Large-Cap ETF by 323.5% in the 4th quarter. RFG Advisory LLC now owns 49,635 shares of the company’s stock worth $1,151,000 after purchasing an additional 37,915 shares during the last quarter.

Schwab US Large-Cap ETF Trading Down 0.2 %

Shares of NYSEARCA SCHX opened at $24.13 on Friday. Schwab US Large-Cap ETF has a 1-year low of $19.08 and a 1-year high of $24.23. The company has a market cap of $15.73 billion, a PE ratio of 26.53 and a beta of 1.02. The company has a 50-day moving average of $23.63 and a two-hundred day moving average of $22.70.

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.