Ring Mountain Capital LLC Makes New $4.59 Million Investment in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Ring Mountain Capital LLC acquired a new stake in Schwab US Large-Cap ETF (NYSEARCA:SCHXFree Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 197,889 shares of the company’s stock, valued at approximately $4,587,000. Schwab US Large-Cap ETF comprises about 3.1% of Ring Mountain Capital LLC’s investment portfolio, making the stock its 9th largest holding.

A number of other large investors also recently modified their holdings of the company. US Bancorp DE increased its position in shares of 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 valued at $4,784,795,000 after purchasing an additional 185,825,669 shares during the last quarter. Sage Financial Group Inc. grew 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 buying an additional 16,511,474 shares during the last quarter. Campbell Wealth Management grew its position in shares of Schwab US Large-Cap ETF by 208.8% in the 4th quarter. Campbell Wealth Management now owns 15,779,897 shares of the company’s stock valued at $365,778,000 after buying an additional 10,670,574 shares during the last quarter. McAdam LLC grew its position in shares of Schwab US Large-Cap ETF by 210.5% in the 4th quarter. McAdam LLC now owns 10,339,604 shares of the company’s stock valued at $239,672,000 after buying an additional 7,009,351 shares during the last quarter. Finally, JMG Financial Group Ltd. grew its position in shares of Schwab US Large-Cap ETF by 194.4% in the 4th quarter. JMG Financial Group Ltd. now owns 8,298,426 shares of the company’s stock valued at $192,358,000 after buying an additional 5,480,099 shares during the last quarter.

Schwab US Large-Cap ETF Price Performance

NYSEARCA SCHX opened at $23.09 on Tuesday. The firm’s fifty day moving average price is $23.70 and its 200 day moving average price is $23.17. The company has a market capitalization of $51.72 billion, a price-to-earnings ratio of 26.64 and a beta of 1.02. Schwab US Large-Cap ETF has a 12 month low of $19.50 and a 12 month high of $24.31.

Schwab US Large-Cap ETF Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Schwab US Large-Cap ETF (NYSEARCA:SCHX)

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