KCM Investment Advisors LLC Acquires 30,568 Shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX)

KCM Investment Advisors LLC boosted its holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 200.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 45,837 shares of the company’s stock after purchasing an additional 30,568 shares during the quarter. KCM Investment Advisors LLC’s holdings in Schwab US Large-Cap ETF were worth $1,062,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in SCHX. US Bancorp DE grew its stake in shares of Schwab US Large-Cap ETF by 902.4% in the 4th quarter. US Bancorp DE now owns 206,419,096 shares of the company’s stock valued at $4,784,795,000 after buying an additional 185,825,669 shares during the period. Sei Investments Co. grew its stake in Schwab US Large-Cap ETF by 184.7% in the fourth quarter. Sei Investments Co. now owns 35,164,430 shares of the company’s stock valued at $815,114,000 after acquiring an additional 22,812,367 shares during the period. HBK Sorce Advisory LLC increased its holdings in shares of Schwab US Large-Cap ETF by 202.2% during the fourth quarter. HBK Sorce Advisory LLC now owns 32,139,846 shares of the company’s stock valued at $745,002,000 after acquiring an additional 21,503,265 shares in the last quarter. Sage Financial Group Inc. raised its position in shares of Schwab US Large-Cap ETF by 197.7% during the fourth 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 during the period. Finally, Diversified Enterprises LLC lifted its holdings in shares of Schwab US Large-Cap ETF by 275.0% in the 4th quarter. Diversified Enterprises LLC now owns 14,875,742 shares of the company’s stock worth $344,820,000 after purchasing an additional 10,909,001 shares in the last quarter.

Schwab US Large-Cap ETF Trading Down 5.9 %

Shares of SCHX stock opened at $19.95 on Friday. The firm has a fifty day simple moving average of $23.07 and a two-hundred day simple moving average of $23.21. 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 market capitalization of $45.09 billion, a PE ratio of 24.34 and a beta of 1.03.

Schwab US Large-Cap ETF Cuts Dividend

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