ARK & TLK Investments LLC Purchases 20,546 Shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX)

ARK & TLK Investments LLC grew its holdings in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 200.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 30,819 shares of the company’s stock after buying an additional 20,546 shares during the quarter. ARK & TLK Investments LLC’s holdings in Schwab US Large-Cap ETF were worth $714,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Total Investment Management Inc. boosted its position in Schwab US Large-Cap ETF by 200.6% in the 4th quarter. Total Investment Management Inc. now owns 13,510 shares of the company’s stock valued at $313,000 after buying an additional 9,016 shares during the period. Keystone Wealth Services LLC boosted its holdings in shares of Schwab US Large-Cap ETF by 200.4% in the fourth quarter. Keystone Wealth Services LLC now owns 34,854 shares of the company’s stock valued at $808,000 after purchasing an additional 23,252 shares during the period. Brass Tax Wealth Management Inc. bought a new position in Schwab US Large-Cap ETF in the third quarter worth approximately $3,040,000. B. Riley Wealth Advisors Inc. increased its holdings 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 worth $7,469,000 after purchasing an additional 5,035 shares during the period. Finally, Pure Portfolios Holdings LLC raised its position in Schwab US Large-Cap ETF by 201.1% during 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 Trading Down 1.9 %

SCHX opened at $21.96 on Friday. The company has a market capitalization of $49.63 billion, a price-to-earnings ratio of 24.34 and a beta of 1.03. Schwab US Large-Cap ETF has a 12-month low of $19.50 and a 12-month high of $24.31. The business’s fifty day simple moving average is $23.32 and its 200-day simple moving average is $23.22.

Schwab US Large-Cap ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th will be issued a $0.0668 dividend. 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.