Schwab US Large-Cap ETF (NYSEARCA:SCHX) Stake Raised by Van Cleef Asset Management Inc

Van Cleef Asset Management Inc increased its position in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 203.5% during the 4th quarter, HoldingsChannel.com reports. The fund owned 239,867 shares of the company’s stock after buying an additional 160,838 shares during the period. Schwab US Large-Cap ETF accounts for about 0.6% of Van Cleef Asset Management Inc’s investment portfolio, making the stock its 28th largest holding. Van Cleef Asset Management Inc’s holdings in Schwab US Large-Cap ETF were worth $5,560,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in SCHX. Howard Capital Management Group LLC acquired a new position in shares of Schwab US Large-Cap ETF during the third quarter worth approximately $209,000. PFG Investments LLC acquired a new stake in shares of Schwab US Large-Cap ETF in the third quarter valued at approximately $203,000. Strategic Blueprint LLC acquired a new stake in shares of Schwab US Large-Cap ETF in the 3rd quarter valued at approximately $212,000. Pinnacle Associates Ltd. raised its stake in Schwab US Large-Cap ETF by 5.2% in the third quarter. Pinnacle Associates Ltd. now owns 24,649 shares of the company’s stock valued at $1,672,000 after buying an additional 1,228 shares during the period. Finally, Financial Advocates Investment Management grew its stake in Schwab US Large-Cap ETF by 6.9% in the 3rd quarter. Financial Advocates Investment Management now owns 28,286 shares of the company’s stock valued at $2,051,000 after buying an additional 1,838 shares during the last quarter.

Schwab US Large-Cap ETF Stock Down 1.6 %

NYSEARCA SCHX opened at $23.13 on Friday. The company has a market capitalization of $51.81 billion, a P/E ratio of 26.64 and a beta of 1.02. Schwab US Large-Cap ETF has a 12-month low of $19.50 and a 12-month high of $24.31. The firm has a 50-day moving average price of $23.71 and a two-hundred day moving average price of $23.12.

Schwab US Large-Cap ETF Company 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.