Murphy & Mullick Capital Management Corp Invests $157,000 in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Murphy & Mullick Capital Management Corp bought a new stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) in the fourth quarter, Holdings Channel reports. The institutional investor bought 6,759 shares of the company’s stock, valued at approximately $157,000.

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

Schwab US Large-Cap ETF Stock Performance

NYSEARCA SCHX opened at $22.50 on Thursday. The stock has a market capitalization of $50.63 billion, a P/E ratio of 24.44 and a beta of 1.03. Schwab US Large-Cap ETF has a 52 week low of $19.50 and a 52 week high of $24.31. The stock has a fifty day moving average of $23.37 and a 200-day moving average of $23.22.

Schwab US Large-Cap ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Monday, March 31st. Investors of record on Wednesday, March 26th will be given a $0.0668 dividend. The ex-dividend date is Wednesday, March 26th.

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.