Berger Financial Group Inc Buys 28,815 Shares of Schwab US Large-Cap ETF $SCHX

Berger Financial Group Inc raised its stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 1.2% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 2,366,564 shares of the company’s stock after acquiring an additional 28,815 shares during the period. Schwab US Large-Cap ETF comprises about 3.4% of Berger Financial Group Inc’s investment portfolio, making the stock its 6th biggest position. Berger Financial Group Inc’s holdings in Schwab US Large-Cap ETF were worth $60,679,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the stock. IFC & Insurance Marketing Inc. acquired a new stake in Schwab US Large-Cap ETF during the fourth quarter worth about $25,000. Measured Wealth Private Client Group LLC purchased a new position in Schwab US Large-Cap ETF during the third quarter valued at approximately $26,000. Optima Capital LLC acquired a new position in Schwab US Large-Cap ETF in the fourth quarter valued at approximately $29,000. Tidemark LLC lifted its holdings in Schwab US Large-Cap ETF by 474.3% in the fourth quarter. Tidemark LLC now owns 1,275 shares of the company’s stock valued at $34,000 after acquiring an additional 1,053 shares during the period. Finally, Acumen Wealth Advisors LLC purchased a new stake in Schwab US Large-Cap ETF in the 4th quarter worth approximately $39,000.

Schwab US Large-Cap ETF Stock Performance

Schwab US Large-Cap ETF stock opened at $29.40 on Friday. The firm has a market cap of $71.61 billion, a PE ratio of 25.66 and a beta of 1.00. Schwab US Large-Cap ETF has a 12 month low of $24.47 and a 12 month high of $29.95. The stock’s 50 day simple moving average is $29.11 and its two-hundred day simple moving average is $27.66.

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.