Lee Danner & Bass Inc. Makes New Investment in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Lee Danner & Bass Inc. bought a new position in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 8,893 shares of the company’s stock, valued at approximately $206,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SCHX. Glass Jacobson Investment Advisors llc lifted its holdings in shares of Schwab US Large-Cap ETF by 39.1% in the third quarter. Glass Jacobson Investment Advisors llc now owns 2,024 shares of the company’s stock valued at $137,000 after purchasing an additional 569 shares in the last quarter. Kingsview Wealth Management LLC lifted its holdings in shares of Schwab US Large-Cap ETF by 2.8% in the third quarter. Kingsview Wealth Management LLC now owns 22,409 shares of the company’s stock valued at $1,520,000 after purchasing an additional 607 shares in the last quarter. Independent Advisor Alliance lifted its holdings in shares of Schwab US Large-Cap ETF by 16.8% in the third quarter. Independent Advisor Alliance now owns 4,415 shares of the company’s stock valued at $300,000 after purchasing an additional 634 shares in the last quarter. Cascade Financial Partners LLC lifted its holdings in shares of Schwab US Large-Cap ETF by 2.0% in the fourth quarter. Cascade Financial Partners LLC now owns 33,065 shares of the company’s stock valued at $766,000 after purchasing an additional 655 shares in the last quarter. Finally, Blue Trust Inc. lifted its holdings in shares of Schwab US Large-Cap ETF by 10.4% in the fourth quarter. Blue Trust Inc. now owns 7,718 shares of the company’s stock valued at $179,000 after purchasing an additional 730 shares in the last quarter.

Schwab US Large-Cap ETF Stock Performance

NYSEARCA:SCHX opened at $22.38 on Friday. The stock’s 50-day simple moving average is $23.40 and its 200 day simple moving average is $23.18. The company has a market cap of $50.36 billion, a P/E ratio of 24.44 and a beta of 1.03. Schwab US Large-Cap ETF has a 52-week low of $19.50 and a 52-week high of $24.31.

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.