Meridian Investment Counsel Inc. Purchases 5,938 Shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Meridian Investment Counsel Inc. raised its position in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 152.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 9,831 shares of the company’s stock after purchasing an additional 5,938 shares during the quarter. Meridian Investment Counsel Inc.’s holdings in Schwab US Large-Cap ETF were worth $228,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Total Investment Management Inc. increased its position in shares of Schwab US Large-Cap ETF by 200.6% during the fourth quarter. Total Investment Management Inc. now owns 13,510 shares of the company’s stock valued at $313,000 after acquiring an additional 9,016 shares in the last quarter. Keystone Wealth Services LLC boosted its stake in Schwab US Large-Cap ETF by 200.4% during the 4th quarter. Keystone Wealth Services LLC now owns 34,854 shares of the company’s stock valued at $808,000 after purchasing an additional 23,252 shares during the last quarter. Brass Tax Wealth Management Inc. bought a new stake in shares of Schwab US Large-Cap ETF in the 3rd quarter worth $3,040,000. B. Riley Wealth Advisors Inc. increased its holdings in shares of Schwab US Large-Cap ETF by 4.8% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 110,984 shares of the company’s stock worth $7,469,000 after purchasing an additional 5,035 shares in the last quarter. Finally, Pure Portfolios Holdings LLC raised its stake in shares of Schwab US Large-Cap ETF by 201.1% in the fourth quarter. Pure Portfolios Holdings LLC now owns 1,408,552 shares of the company’s stock worth $32,650,000 after purchasing an additional 940,747 shares during the last quarter.

Schwab US Large-Cap ETF Price Performance

Shares of NYSEARCA:SCHX opened at $22.08 on Tuesday. Schwab US Large-Cap ETF has a 1 year low of $19.50 and a 1 year high of $24.31. The company has a market cap of $49.90 billion, a P/E ratio of 24.34 and a beta of 1.03. The stock’s fifty day moving average price is $23.28 and its 200-day moving average price is $23.23.

Schwab US Large-Cap ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th were paid a dividend of $0.0668 per share. The ex-dividend date of this dividend was Wednesday, March 26th.

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.