GEN Financial Management INC. Buys 176,498 Shares of Schwab US Large-Cap ETF $SCHX

GEN Financial Management INC. raised its stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 24.5% during the fourth quarter, HoldingsChannel reports. The fund owned 895,830 shares of the company’s stock after acquiring an additional 176,498 shares during the quarter. Schwab US Large-Cap ETF comprises approximately 15.2% of GEN Financial Management INC.’s holdings, making the stock its 2nd largest position. GEN Financial Management INC.’s holdings in Schwab US Large-Cap ETF were worth $24,107,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. McGlone Suttner Wealth Management Inc. lifted its position in shares of Schwab US Large-Cap ETF by 1.5% during the fourth quarter. McGlone Suttner Wealth Management Inc. now owns 2,119,924 shares of the company’s stock worth $57,047,000 after purchasing an additional 31,231 shares during the last quarter. Jaffetilchin Investment Partners LLC increased its holdings in Schwab US Large-Cap ETF by 0.3% in the fourth quarter. Jaffetilchin Investment Partners LLC now owns 2,570,082 shares of the company’s stock valued at $69,161,000 after buying an additional 6,904 shares during the last quarter. Brookstone Capital Management raised its stake in Schwab US Large-Cap ETF by 17.8% during the fourth quarter. Brookstone Capital Management now owns 108,943 shares of the company’s stock valued at $2,932,000 after buying an additional 16,424 shares in the last quarter. Gleason Group Inc. raised its stake in Schwab US Large-Cap ETF by 2.3% during the fourth quarter. Gleason Group Inc. now owns 1,287,531 shares of the company’s stock valued at $34,647,000 after buying an additional 29,472 shares in the last quarter. Finally, Bernard Wealth Management Corp. lifted its holdings in Schwab US Large-Cap ETF by 0.7% during the 4th quarter. Bernard Wealth Management Corp. now owns 1,349,634 shares of the company’s stock worth $36,319,000 after buying an additional 8,928 shares during the last quarter.

Schwab US Large-Cap ETF Trading Down 0.4%

Shares of SCHX opened at $24.92 on Tuesday. The firm has a market cap of $58.91 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01. The stock has a 50 day moving average of $26.75 and a 200-day moving average of $26.73. Schwab US Large-Cap ETF has a 52 week low of $19.00 and a 52 week high of $27.54.

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. The Index is a float-adjusted market capitalization weighted index. The types of derivatives used by the Fund are options, futures, options on futures and swaps.