Paces Ferry Wealth Advisors LLC Acquires 49,529 Shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Paces Ferry Wealth Advisors LLC raised its stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 173.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 78,026 shares of the company’s stock after acquiring an additional 49,529 shares during the quarter. Schwab US Large-Cap ETF comprises approximately 0.9% of Paces Ferry Wealth Advisors LLC’s investment portfolio, making the stock its 29th biggest holding. Paces Ferry Wealth Advisors LLC’s holdings in Schwab US Large-Cap ETF were worth $1,809,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. Hill Island Financial LLC increased its stake in shares of Schwab US Large-Cap ETF by 92.0% in the 4th quarter. Hill Island Financial LLC now owns 9,274 shares of the company’s stock valued at $215,000 after buying an additional 4,443 shares during the period. LPL Financial LLC boosted its holdings in Schwab US Large-Cap ETF by 211.7% in the fourth quarter. LPL Financial LLC now owns 7,012,430 shares of the company’s stock valued at $162,548,000 after acquiring an additional 4,762,550 shares during the last quarter. Blueprint Investment Partners LLC increased its position in Schwab US Large-Cap ETF by 864.7% in the fourth quarter. Blueprint Investment Partners LLC now owns 308,658 shares of the company’s stock worth $7,155,000 after purchasing an additional 276,664 shares during the period. Fortis Capital Management LLC raised its holdings in Schwab US Large-Cap ETF by 184.9% during the 4th quarter. Fortis Capital Management LLC now owns 1,233,141 shares of the company’s stock worth $28,584,000 after purchasing an additional 800,327 shares during the last quarter. Finally, Somerset Group LLC lifted its position in Schwab US Large-Cap ETF by 197.1% during the 4th quarter. Somerset Group LLC now owns 166,443 shares of the company’s stock valued at $3,858,000 after purchasing an additional 110,414 shares during the period.

Schwab US Large-Cap ETF Price Performance

Shares of NYSEARCA:SCHX opened at $22.38 on Friday. The stock has a market cap of $50.36 billion, a price-to-earnings ratio of 24.44 and a beta of 1.03. The company has a 50 day moving average of $23.40 and a 200-day moving average of $23.19. Schwab US Large-Cap ETF has a one year low of $19.50 and a one year high of $24.31.

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.