Schwab US Large-Cap ETF (NYSEARCA:SCHX) Shares Purchased by Alliance Wealth Management Group

Alliance Wealth Management Group increased its position in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 200.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,269,625 shares of the company’s stock after acquiring an additional 1,514,487 shares during the period. Schwab US Large-Cap ETF comprises 13.7% of Alliance Wealth Management Group’s investment portfolio, making the stock its biggest position. Alliance Wealth Management Group’s holdings in Schwab US Large-Cap ETF were worth $52,610,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of SCHX. US Bancorp DE increased its stake in Schwab US Large-Cap ETF by 902.4% during the fourth quarter. US Bancorp DE now owns 206,419,096 shares of the company’s stock worth $4,784,795,000 after purchasing an additional 185,825,669 shares during the period. Sei Investments Co. increased its stake in Schwab US Large-Cap ETF by 184.7% during the 4th quarter. Sei Investments Co. now owns 35,164,430 shares of the company’s stock worth $815,114,000 after buying an additional 22,812,367 shares during the period. HBK Sorce Advisory LLC boosted its position in Schwab US Large-Cap ETF by 202.2% in the 4th quarter. HBK Sorce Advisory LLC now owns 32,139,846 shares of the company’s stock valued at $745,002,000 after buying an additional 21,503,265 shares during the period. Sage Financial Group Inc. grew its stake in Schwab US Large-Cap ETF by 197.7% during the 4th quarter. Sage Financial Group Inc. now owns 24,865,286 shares of the company’s stock worth $576,377,000 after purchasing an additional 16,511,474 shares in the last quarter. Finally, Campbell Wealth Management increased its stake in shares of Schwab US Large-Cap ETF by 208.8% during the fourth quarter. Campbell Wealth Management now owns 15,779,897 shares of the company’s stock worth $365,778,000 after buying an additional 10,670,574 shares during the period.

Schwab US Large-Cap ETF Stock Up 0.5 %

NYSEARCA SCHX opened at $22.08 on Tuesday. Schwab US Large-Cap ETF has a 52 week low of $19.50 and a 52 week high of $24.31. The firm has a 50 day moving average of $23.28 and a two-hundred day moving average of $23.23. The stock has a market capitalization of $49.90 billion, a PE ratio of 24.34 and a beta of 1.03.

Schwab US Large-Cap ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, March 31st. Investors 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.

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.