Schwab US Large-Cap ETF (NYSEARCA:SCHX) Shares Acquired by Peapack Gladstone Financial Corp

Peapack Gladstone Financial Corp increased its position in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 215.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 467,888 shares of the company’s stock after acquiring an additional 319,600 shares during the quarter. Peapack Gladstone Financial Corp owned approximately 0.07% of Schwab US Large-Cap ETF worth $10,847,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Howard Capital Management Group LLC purchased a new position in shares of Schwab US Large-Cap ETF during the 3rd quarter worth about $209,000. FMR LLC increased its position in Schwab US Large-Cap ETF by 9.4% during the third quarter. FMR LLC now owns 308,233 shares of the company’s stock worth $20,914,000 after purchasing an additional 26,415 shares during the last quarter. Stifel Financial Corp raised its stake in Schwab US Large-Cap ETF by 9.5% during the third quarter. Stifel Financial Corp now owns 389,257 shares of the company’s stock worth $26,411,000 after purchasing an additional 33,680 shares during the period. Kovitz Investment Group Partners LLC boosted its holdings in shares of Schwab US Large-Cap ETF by 1.5% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 63,414 shares of the company’s stock valued at $4,217,000 after purchasing an additional 920 shares during the last quarter. Finally, Zacks Investment Management grew its stake in shares of Schwab US Large-Cap ETF by 19.9% during the 3rd quarter. Zacks Investment Management now owns 51,256 shares of the company’s stock valued at $3,478,000 after buying an additional 8,510 shares during the period.

Schwab US Large-Cap ETF Stock Down 5.9 %

SCHX stock opened at $19.95 on Monday. The company has a market cap of $45.09 billion, a price-to-earnings ratio of 24.34 and a beta of 1.03. The business has a fifty day simple moving average of $23.07 and a 200-day simple moving average of $23.21. Schwab US Large-Cap ETF has a 52 week low of $19.03 and a 52 week high of $24.31.

Schwab US Large-Cap ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th were paid a dividend of $0.0668 per share. The ex-dividend date of this dividend was 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.