Truepoint Inc. Raises Stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Truepoint Inc. boosted its stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 179.3% in the 4th quarter, Holdings Channel reports. The firm owned 266,625 shares of the company’s stock after acquiring an additional 171,158 shares during the quarter. Schwab US Large-Cap ETF accounts for approximately 0.2% of Truepoint Inc.’s portfolio, making the stock its 29th largest position. Truepoint Inc.’s holdings in Schwab US Large-Cap ETF were worth $6,180,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. McClarren Financial Advisors Inc. purchased a new stake in shares of Schwab US Large-Cap ETF in the fourth quarter worth about $25,000. Versant Capital Management Inc increased its holdings in Schwab US Large-Cap ETF by 201.0% during the 4th 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 period. IFS Advisors LLC purchased a new stake in Schwab US Large-Cap ETF in the 4th quarter worth approximately $30,000. Princeton Global Asset Management LLC lifted its stake in Schwab US Large-Cap ETF by 200.7% in the 4th quarter. Princeton Global Asset Management LLC now owns 1,299 shares of the company’s stock worth $30,000 after purchasing an additional 867 shares in the last quarter. Finally, Brooklyn Investment Group bought a new position in Schwab US Large-Cap ETF in the 4th quarter valued at $32,000.

Schwab US Large-Cap ETF Price Performance

SCHX opened at $22.36 on Friday. The firm has a market capitalization of $50.31 billion, a P/E ratio of 24.44 and a beta of 1.03. Schwab US Large-Cap ETF has a one year low of $19.50 and a one year high of $24.31. The company has a fifty day moving average price of $23.42 and a 200-day moving average price of $23.18.

About Schwab US Large-Cap ETF

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.