Schwab US Large-Cap ETF (NYSEARCA:SCHX) Shares Acquired by Richardson Capital Management LLC

Richardson Capital Management LLC boosted its holdings in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 216.3% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,736,556 shares of the company’s stock after acquiring an additional 1,187,577 shares during the quarter. Schwab US Large-Cap ETF accounts for approximately 25.6% of Richardson Capital Management LLC’s portfolio, making the stock its largest position. Richardson Capital Management LLC’s holdings in Schwab US Large-Cap ETF were worth $40,253,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. McClarren Financial Advisors Inc. acquired a new position in shares of Schwab US Large-Cap ETF during the 4th quarter worth approximately $25,000. Versant Capital Management Inc boosted its position in Schwab US Large-Cap ETF by 201.0% during the fourth quarter. Versant Capital Management Inc now owns 1,261 shares of the company’s stock worth $29,000 after purchasing an additional 842 shares during the period. IFS Advisors LLC acquired a new position in shares of Schwab US Large-Cap ETF in the fourth quarter valued at $30,000. Princeton Global Asset Management LLC lifted its stake in shares of Schwab US Large-Cap ETF by 200.7% during the 4th quarter. Princeton Global Asset Management LLC now owns 1,299 shares of the company’s stock worth $30,000 after buying an additional 867 shares during the last quarter. Finally, Brooklyn Investment Group acquired a new stake in shares of Schwab US Large-Cap ETF during the 4th quarter worth about $32,000.

Schwab US Large-Cap ETF Stock Performance

Shares of SCHX opened at $23.75 on Friday. The firm has a market cap of $53.20 billion, a P/E ratio of 26.64 and a beta of 1.02. Schwab US Large-Cap ETF has a 52 week low of $19.50 and a 52 week high of $24.31. The firm’s 50-day simple moving average is $23.72 and its 200 day simple moving average is $23.06.

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.