Founders Financial Securities LLC Purchases New Holdings in Schwab US Large-Cap ETF $SCHX

Founders Financial Securities LLC purchased a new stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 26,564 shares of the company’s stock, valued at approximately $715,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SCHX. Brighton Jones LLC boosted its holdings in shares of Schwab US Large-Cap ETF by 198.5% in the 4th quarter. Brighton Jones LLC now owns 211,330 shares of the company’s stock worth $4,899,000 after buying an additional 140,539 shares during the last quarter. Russell Investments Group Ltd. boosted its holdings in shares of Schwab US Large-Cap ETF by 33.3% in the 2nd quarter. Russell Investments Group Ltd. now owns 62,112 shares of the company’s stock worth $1,518,000 after buying an additional 15,522 shares during the last quarter. First Trust Advisors LP purchased a new position in shares of Schwab US Large-Cap ETF in the 2nd quarter worth about $633,000. Baird Financial Group Inc. boosted its holdings in shares of Schwab US Large-Cap ETF by 25.1% in the 2nd quarter. Baird Financial Group Inc. now owns 35,076 shares of the company’s stock worth $857,000 after buying an additional 7,045 shares during the last quarter. Finally, Ieq Capital LLC boosted its holdings in shares of Schwab US Large-Cap ETF by 9.1% in the 2nd quarter. Ieq Capital LLC now owns 247,992 shares of the company’s stock worth $6,061,000 after buying an additional 20,758 shares during the last quarter.

Schwab US Large-Cap ETF Price Performance

NYSEARCA:SCHX opened at $29.86 on Tuesday. The business has a fifty day simple moving average of $27.76 and a two-hundred day simple moving average of $27.23. Schwab US Large-Cap ETF has a 1 year low of $21.81 and a 1 year high of $29.93. The company has a market capitalization of $72.00 billion, a P/E ratio of 25.66 and a beta of 1.01.

Schwab US Large-Cap ETF 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. 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.