Schwab US Large-Cap ETF (NYSEARCA:SCHX) is Richardson Capital Management LLC’s 2nd Largest Position

Richardson Capital Management LLC boosted its position in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 184,352.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 442,685 shares of the company’s stock after acquiring an additional 442,445 shares during the period. Schwab US Large-Cap ETF accounts for about 22.5% of Richardson Capital Management LLC’s holdings, making the stock its 2nd biggest position. Richardson Capital Management LLC’s holdings in Schwab US Large-Cap ETF were worth $27,473,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Pineridge Advisors LLC bought a new stake in Schwab US Large-Cap ETF during the fourth quarter valued at approximately $31,000. GAMMA Investing LLC lifted its position in Schwab US Large-Cap ETF by 139.8% during the first quarter. GAMMA Investing LLC now owns 494 shares of the company’s stock valued at $31,000 after purchasing an additional 288 shares during the last quarter. Able Wealth Management LLC bought a new stake in Schwab US Large-Cap ETF during the fourth quarter valued at approximately $32,000. Cordant Inc. lifted its position in Schwab US Large-Cap ETF by 133.9% during the fourth quarter. Cordant Inc. now owns 594 shares of the company’s stock valued at $34,000 after purchasing an additional 340 shares during the last quarter. Finally, Northwest Financial Advisors bought a new stake in Schwab US Large-Cap ETF during the fourth quarter valued at approximately $36,000.

Schwab US Large-Cap ETF Trading Down 0.4 %

Shares of SCHX traded down $0.26 during mid-day trading on Friday, reaching $64.25. The company’s stock had a trading volume of 2,362,195 shares, compared to its average volume of 1,738,162. The stock has a market cap of $41.88 billion, a PE ratio of 26.53 and a beta of 1.02. Schwab US Large-Cap ETF has a 52 week low of $48.31 and a 52 week high of $64.99. The company’s fifty day moving average price is $62.45 and its two-hundred day moving average price is $60.13.

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.