Fairway Wealth LLC Takes $227,000 Position in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Fairway Wealth LLC bought a new position in Schwab US Large-Cap ETF (NYSEARCA:SCHX) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 9,795 shares of the company’s stock, valued at approximately $227,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Total Investment Management Inc. increased its holdings in shares of Schwab US Large-Cap ETF by 200.6% in the 4th quarter. Total Investment Management Inc. now owns 13,510 shares of the company’s stock valued at $313,000 after acquiring an additional 9,016 shares during the period. Keystone Wealth Services LLC raised its stake in Schwab US Large-Cap ETF by 200.4% in the 4th quarter. Keystone Wealth Services LLC now owns 34,854 shares of the company’s stock worth $808,000 after acquiring an additional 23,252 shares during the last quarter. Brass Tax Wealth Management Inc. purchased a new stake in Schwab US Large-Cap ETF in the third quarter valued at approximately $3,040,000. B. Riley Wealth Advisors Inc. raised its holdings in shares of Schwab US Large-Cap ETF by 4.8% during the third quarter. B. Riley Wealth Advisors Inc. now owns 110,984 shares of the company’s stock worth $7,469,000 after purchasing an additional 5,035 shares during the last quarter. Finally, Pure Portfolios Holdings LLC lifted its holdings in shares of Schwab US Large-Cap ETF by 201.1% in the 4th quarter. Pure Portfolios Holdings LLC now owns 1,408,552 shares of the company’s stock valued at $32,650,000 after buying an additional 940,747 shares during the period.

Schwab US Large-Cap ETF Stock Performance

SCHX opened at $22.11 on Tuesday. The stock has a market capitalization of $49.53 billion, a price-to-earnings ratio of 26.64 and a beta of 1.02. The company has a fifty day moving average of $23.60 and a two-hundred day moving average of $23.19. Schwab US Large-Cap ETF has a fifty-two week low of $19.50 and a fifty-two week high of $24.31.

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.