Strategic Financial Concepts LLC Acquires New Position in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Strategic Financial Concepts LLC bought a new stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 61,136 shares of the company’s stock, valued at approximately $1,417,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Northwest Capital Management Inc raised its holdings in Schwab US Large-Cap ETF by 1.8% during the third quarter. Northwest Capital Management Inc now owns 265,123 shares of the company’s stock worth $17,989,000 after purchasing an additional 4,666 shares in the last quarter. Ritholtz Wealth Management purchased a new stake in shares of Schwab US Large-Cap ETF during the third quarter worth $246,000. City State Bank acquired a new position in Schwab US Large-Cap ETF during the third quarter worth $42,000. Concourse Financial Group Securities Inc. increased its position in Schwab US Large-Cap ETF by 224.3% during the third quarter. Concourse Financial Group Securities Inc. now owns 373 shares of the company’s stock worth $25,000 after buying an additional 258 shares during the last quarter. Finally, Sound Income Strategies LLC acquired a new stake in shares of Schwab US Large-Cap ETF in the third quarter valued at about $57,000.

Schwab US Large-Cap ETF Stock Performance

Shares of NYSEARCA:SCHX opened at $24.00 on Tuesday. The company has a market cap of $15.65 billion, a P/E ratio of 26.53 and a beta of 1.02. The stock’s 50-day moving average is $23.70 and its 200-day moving average is $22.87. Schwab US Large-Cap ETF has a 52-week low of $19.39 and a 52-week high of $24.23.

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.