Prime Capital Investment Advisors LLC Has $258.14 Million Holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Prime Capital Investment Advisors LLC grew its holdings in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 190.1% during the fourth quarter, Holdings Channel reports. The firm owned 11,136,452 shares of the company’s stock after purchasing an additional 7,297,066 shares during the period. Schwab US Large-Cap ETF accounts for about 3.8% of Prime Capital Investment Advisors LLC’s portfolio, making the stock its 2nd largest position. Prime Capital Investment Advisors LLC’s holdings in Schwab US Large-Cap ETF were worth $258,143,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. McClarren Financial Advisors Inc. acquired a new position in Schwab US Large-Cap ETF during the 4th quarter worth $25,000. Versant Capital Management Inc increased its position in Schwab US Large-Cap ETF by 201.0% in the 4th quarter. Versant Capital Management Inc now owns 1,261 shares of the company’s stock worth $29,000 after buying an additional 842 shares during the period. IFS Advisors LLC acquired a new position in shares of Schwab US Large-Cap ETF during the fourth quarter worth approximately $30,000. Princeton Global Asset Management LLC boosted its position in shares of Schwab US Large-Cap ETF by 200.7% in the fourth quarter. Princeton Global Asset Management LLC now owns 1,299 shares of the company’s stock valued at $30,000 after acquiring an additional 867 shares during the period. Finally, Delta Asset Management LLC TN grew its stake in shares of Schwab US Large-Cap ETF by 200.0% in the fourth quarter. Delta Asset Management LLC TN now owns 1,350 shares of the company’s stock worth $31,000 after acquiring an additional 900 shares during the last quarter.

Schwab US Large-Cap ETF Trading Down 1.9 %

Shares of SCHX stock opened at $21.96 on Friday. The firm has a market capitalization of $49.63 billion, a P/E ratio of 24.34 and a beta of 1.03. Schwab US Large-Cap ETF has a 1 year low of $19.50 and a 1 year high of $24.31. The firm’s fifty day simple moving average is $23.32 and its 200 day simple moving average is $23.21.

Schwab US Large-Cap ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th will be issued a dividend of $0.0668 per share. The ex-dividend date of this dividend is Wednesday, March 26th.

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.