Modera Wealth Management LLC Increases Stock Holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Modera Wealth Management LLC lifted its holdings in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 188.5% during the fourth quarter, HoldingsChannel.com reports. The fund owned 1,610,128 shares of the company’s stock after purchasing an additional 1,052,087 shares during the quarter. Modera Wealth Management LLC’s holdings in Schwab US Large-Cap ETF were worth $37,323,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of SCHX. McClarren Financial Advisors Inc. purchased a new position in shares of Schwab US Large-Cap ETF during the fourth quarter worth approximately $25,000. Versant Capital Management Inc grew its position in shares of 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 acquiring an additional 842 shares during the last quarter. IFS Advisors LLC purchased a new position in shares of Schwab US Large-Cap ETF during the fourth quarter worth approximately $30,000. Princeton Global Asset Management LLC grew its position in shares of Schwab US Large-Cap ETF by 200.7% during the fourth quarter. Princeton Global Asset Management LLC now owns 1,299 shares of the company’s stock worth $30,000 after acquiring an additional 867 shares during the last quarter. Finally, Brooklyn Investment Group purchased a new position in shares of Schwab US Large-Cap ETF during the fourth quarter worth approximately $32,000.

Schwab US Large-Cap ETF Trading Up 1.6 %

Shares of SCHX opened at $23.51 on Friday. The firm has a market cap of $52.66 billion, a PE ratio of 26.64 and a beta of 1.02. The company’s 50 day simple moving average is $23.71 and its 200-day simple moving average is $23.15. Schwab US Large-Cap ETF has a 12-month low of $19.50 and a 12-month high of $24.31.

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.