Trek Financial LLC Invests $252,000 in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Trek Financial LLC bought a new stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 10,877 shares of the company’s stock, valued at approximately $252,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. US Bancorp DE boosted its stake in Schwab US Large-Cap ETF by 902.4% in the 4th quarter. US Bancorp DE now owns 206,419,096 shares of the company’s stock worth $4,784,795,000 after purchasing an additional 185,825,669 shares in the last quarter. Sei Investments Co. lifted its stake in shares of Schwab US Large-Cap ETF by 184.7% during the fourth quarter. Sei Investments Co. now owns 35,164,430 shares of the company’s stock worth $815,114,000 after buying an additional 22,812,367 shares during the period. HBK Sorce Advisory LLC grew its holdings in shares of Schwab US Large-Cap ETF by 202.2% during the fourth quarter. HBK Sorce Advisory LLC now owns 32,139,846 shares of the company’s stock valued at $745,002,000 after buying an additional 21,503,265 shares during the last quarter. Sage Financial Group Inc. increased its position in shares of Schwab US Large-Cap ETF by 197.7% in the 4th quarter. Sage Financial Group Inc. now owns 24,865,286 shares of the company’s stock valued at $576,377,000 after acquiring an additional 16,511,474 shares during the period. Finally, Diversified Enterprises LLC raised its stake in Schwab US Large-Cap ETF by 275.0% in the 4th quarter. Diversified Enterprises LLC now owns 14,875,742 shares of the company’s stock worth $344,820,000 after acquiring an additional 10,909,001 shares during the last quarter.

Schwab US Large-Cap ETF Stock Performance

Schwab US Large-Cap ETF stock opened at $19.89 on Tuesday. The business’s 50-day simple moving average is $22.99 and its two-hundred day simple moving average is $23.20. The company has a market cap of $44.95 billion, a PE ratio of 24.34 and a beta of 1.03. Schwab US Large-Cap ETF has a fifty-two week low of $19.00 and a fifty-two week high of $24.31.

Schwab US Large-Cap ETF Cuts Dividend

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