Cassaday & Co Wealth Management LLC Increases Position in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Cassaday & Co Wealth Management LLC increased its holdings in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 508.0% during the 4th quarter, Holdings Channel reports. The institutional investor owned 57,077 shares of the company’s stock after purchasing an additional 47,690 shares during the period. Cassaday & Co Wealth Management LLC’s holdings in Schwab US Large-Cap ETF were worth $1,323,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SCHX. Concourse Financial Group Securities Inc. lifted its holdings in shares of Schwab US Large-Cap ETF by 224.3% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 373 shares of the company’s stock valued at $25,000 after buying an additional 258 shares during the period. Cornerstone Planning Group LLC raised its stake in Schwab US Large-Cap ETF by 200.8% in the 3rd quarter. Cornerstone Planning Group LLC now owns 791 shares of the company’s stock valued at $54,000 after purchasing an additional 528 shares during the last quarter. McClarren Financial Advisors Inc. purchased a new stake in Schwab US Large-Cap ETF during the 4th quarter valued at about $25,000. Reston Wealth Management LLC purchased a new position in Schwab US Large-Cap ETF during the third quarter worth approximately $85,000. Finally, Versant Capital Management Inc increased its position in Schwab US Large-Cap ETF by 201.0% during the fourth quarter. Versant Capital Management Inc now owns 1,261 shares of the company’s stock worth $29,000 after purchasing an additional 842 shares during the last quarter.

Schwab US Large-Cap ETF Stock Performance

Shares of Schwab US Large-Cap ETF stock opened at $24.18 on Friday. The firm has a market capitalization of $15.76 billion, a price-to-earnings ratio of 26.53 and a beta of 1.02. Schwab US Large-Cap ETF has a fifty-two week low of $19.50 and a fifty-two week high of $24.31. The stock has a 50 day moving average of $23.71 and a 200 day moving average of $23.01.

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.