Schwab US Large-Cap ETF (NYSEARCA:SCHX) Shares Bought by Beacon Investment Advisory Services Inc.

Beacon Investment Advisory Services Inc. grew its stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 328.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 24,599 shares of the company’s stock after acquiring an additional 18,852 shares during the period. Beacon Investment Advisory Services Inc.’s holdings in Schwab US Large-Cap ETF were worth $570,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Concourse Financial Group Securities Inc. increased its holdings in Schwab US Large-Cap ETF by 224.3% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 373 shares of the company’s stock valued at $25,000 after acquiring an additional 258 shares in the last quarter. Versant Capital Management Inc grew its position in shares of Schwab US Large-Cap ETF by 201.0% in the fourth quarter. Versant Capital Management Inc now owns 1,261 shares of the company’s stock valued at $29,000 after purchasing an additional 842 shares during the last quarter. IFS Advisors LLC acquired a new stake in shares of Schwab US Large-Cap ETF in the fourth quarter valued at approximately $30,000. Brooklyn Investment Group purchased a new position in shares of Schwab US Large-Cap ETF during the 4th quarter worth approximately $32,000. Finally, Rise Advisors LLC raised its position in shares of Schwab US Large-Cap ETF by 459.5% during the 4th quarter. Rise Advisors LLC now owns 1,410 shares of the company’s stock worth $33,000 after purchasing an additional 1,158 shares during the last quarter.

Schwab US Large-Cap ETF Stock Performance

SCHX stock opened at $24.19 on Friday. The stock’s 50 day moving average price is $23.61 and its 200 day moving average price is $22.69. The firm has a market cap of $15.77 billion, a P/E ratio of 26.53 and a beta of 1.02. Schwab US Large-Cap ETF has a 1 year low of $19.08 and a 1 year high of $24.19.

Schwab US Large-Cap ETF Company 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.