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

Financial Counselors Inc. lifted its stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 198.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 133,660 shares of the company’s stock after purchasing an additional 88,937 shares during the period. Financial Counselors Inc.’s holdings in Schwab US Large-Cap ETF were worth $3,098,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Total Investment Management Inc. grew its position in shares of Schwab US Large-Cap ETF by 200.6% during the 4th quarter. Total Investment Management Inc. now owns 13,510 shares of the company’s stock worth $313,000 after buying an additional 9,016 shares in the last quarter. Keystone Wealth Services LLC grew its holdings in Schwab US Large-Cap ETF by 200.4% during 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 in the last quarter. Brass Tax Wealth Management Inc. purchased a new position in Schwab US Large-Cap ETF during the 3rd quarter valued at about $3,040,000. B. Riley Wealth Advisors Inc. increased its position in Schwab US Large-Cap ETF by 4.8% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 110,984 shares of the company’s stock valued at $7,469,000 after purchasing an additional 5,035 shares during the period. Finally, Pure Portfolios Holdings LLC raised 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 purchasing an additional 940,747 shares in the last quarter.

Schwab US Large-Cap ETF Stock Performance

NYSEARCA SCHX opened at $22.39 on Friday. The company has a market cap of $50.38 billion, a PE ratio of 24.44 and a beta of 1.03. The firm’s 50 day moving average price is $23.35 and its 200-day moving average price is $23.21. Schwab US Large-Cap ETF has a 52-week low of $19.50 and a 52-week high of $24.31.

Schwab US Large-Cap ETF Cuts Dividend

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

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.