Diversified Portfolios Inc. Acquires 6,216 Shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Diversified Portfolios Inc. raised its holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 200.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 9,323 shares of the company’s stock after buying an additional 6,216 shares during the quarter. Diversified Portfolios Inc.’s holdings in Schwab US Large-Cap ETF were worth $216,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in SCHX. Sage Financial Group Inc. raised its holdings 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 worth $576,377,000 after acquiring an additional 16,511,474 shares during the last quarter. US Bancorp DE increased its holdings in Schwab US Large-Cap ETF by 43.8% during the 3rd quarter. US Bancorp DE now owns 20,593,427 shares of the company’s stock worth $1,397,264,000 after purchasing an additional 6,275,290 shares in the last quarter. McAdam LLC raised its stake in shares of Schwab US Large-Cap ETF by 210.5% in the fourth quarter. McAdam LLC now owns 10,339,604 shares of the company’s stock worth $239,672,000 after purchasing an additional 7,009,351 shares during the last quarter. Cerity Partners LLC lifted its holdings in shares of Schwab US Large-Cap ETF by 10.1% in the third quarter. Cerity Partners LLC now owns 6,217,901 shares of the company’s stock valued at $421,885,000 after purchasing an additional 567,858 shares in the last quarter. Finally, BlueSky Wealth Advisors LLC boosted its position in shares of Schwab US Large-Cap ETF by 203.2% during the fourth quarter. BlueSky Wealth Advisors LLC now owns 5,990,685 shares of the company’s stock valued at $138,864,000 after buying an additional 4,014,627 shares during the last quarter.

Schwab US Large-Cap ETF Stock Performance

Shares of Schwab US Large-Cap ETF stock opened at $24.00 on Wednesday. The company has a market capitalization of $15.65 billion, a P/E ratio of 26.53 and a beta of 1.02. The stock has a fifty day simple moving average of $23.70 and a 200 day simple moving average of $22.88. Schwab US Large-Cap ETF has a 12-month low of $19.39 and a 12-month high of $24.23.

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.