HB Wealth Management LLC Acquires 1,951,656 Shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX)

HB Wealth Management LLC boosted its holdings in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 185.1% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 3,006,048 shares of the company’s stock after acquiring an additional 1,951,656 shares during the period. Schwab US Large-Cap ETF accounts for 0.7% of HB Wealth Management LLC’s portfolio, making the stock its 20th largest position. HB Wealth Management LLC owned 0.46% of Schwab US Large-Cap ETF worth $69,680,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Concourse Financial Group Securities Inc. grew its holdings in Schwab US Large-Cap ETF by 224.3% during the third quarter. Concourse Financial Group Securities Inc. now owns 373 shares of the company’s stock valued at $25,000 after purchasing an additional 258 shares during the period. City State Bank acquired a new position in shares of Schwab US Large-Cap ETF in the 3rd quarter valued at $42,000. Marquette Asset Management LLC acquired a new position in shares of Schwab US Large-Cap ETF in the 3rd quarter valued at $43,000. Strategic Investment Solutions Inc. IL bought a new stake in shares of Schwab US Large-Cap ETF in the 2nd quarter valued at $45,000. Finally, Cornerstone Planning Group LLC grew its stake in Schwab US Large-Cap ETF by 200.8% in the third quarter. Cornerstone Planning Group LLC now owns 791 shares of the company’s stock valued at $54,000 after acquiring an additional 528 shares during the period.

Schwab US Large-Cap ETF Price Performance

Shares of SCHX traded up $0.23 during midday trading on Friday, hitting $23.71. The stock had a trading volume of 6,092,161 shares, compared to its average volume of 8,745,787. The company has a 50 day simple moving average of $23.60 and a two-hundred day simple moving average of $22.63. The firm has a market cap of $15.46 billion, a price-to-earnings ratio of 26.53 and a beta of 1.02. Schwab US Large-Cap ETF has a twelve month low of $18.66 and a twelve month high of $24.19.

Schwab US Large-Cap ETF Company 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.