Investment Planning Advisors Inc. Takes $249,000 Position in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Investment Planning Advisors Inc. purchased a new position in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 10,728 shares of the company’s stock, valued at approximately $249,000.

A number of other institutional investors have also recently bought and sold shares of SCHX. Perigon Wealth Management LLC raised its position in shares of Schwab US Large-Cap ETF by 321.7% in the fourth quarter. Perigon Wealth Management LLC now owns 739,045 shares of the company’s stock valued at $17,353,000 after purchasing an additional 563,773 shares during the period. Landmark Wealth Management LLC boosted its stake in shares of Schwab US Large-Cap ETF by 196.6% in the fourth quarter. Landmark Wealth Management LLC now owns 19,594 shares of the company’s stock valued at $454,000 after buying an additional 12,988 shares during the period. Hutchens & Kramer Investment Management Group LLC increased its position in shares of Schwab US Large-Cap ETF by 191.2% in the fourth quarter. Hutchens & Kramer Investment Management Group LLC now owns 196,410 shares of the company’s stock worth $4,553,000 after purchasing an additional 128,965 shares during the period. MBE Wealth Management LLC boosted its position in shares of Schwab US Large-Cap ETF by 200.6% during the 4th quarter. MBE Wealth Management LLC now owns 18,510 shares of the company’s stock worth $429,000 after acquiring an additional 12,353 shares in the last quarter. Finally, Patrick M Sweeney & Associates Inc. lifted its stake in Schwab US Large-Cap ETF by 200.1% during the fourth quarter. Patrick M Sweeney & Associates Inc. now owns 9,464 shares of the company’s stock worth $219,000 after purchasing an additional 6,310 shares during the last quarter.

Schwab US Large-Cap ETF Stock Down 1.5 %

Shares of SCHX stock opened at $23.78 on Tuesday. The business has a fifty day simple moving average of $23.64 and a 200 day simple moving average of $22.72. The company has a market cap of $15.50 billion, a P/E ratio of 26.53 and a beta of 1.02. Schwab US Large-Cap ETF has a twelve month low of $19.08 and a twelve month high of $24.23.

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.