Schwab US Large-Cap ETF $SCHX is Anchor Investment Management LLC’s 5th Largest Position

Anchor Investment Management LLC raised its position in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 1.5% during the 4th quarter, HoldingsChannel.com reports. The fund owned 1,172,583 shares of the company’s stock after acquiring an additional 17,597 shares during the period. Schwab US Large-Cap ETF makes up approximately 2.6% of Anchor Investment Management LLC’s holdings, making the stock its 5th largest holding. Anchor Investment Management LLC’s holdings in Schwab US Large-Cap ETF were worth $31,554,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. IFC & Insurance Marketing Inc. purchased a new position in shares of Schwab US Large-Cap ETF in the 4th quarter valued at approximately $25,000. Measured Wealth Private Client Group LLC purchased a new stake in Schwab US Large-Cap ETF in the third quarter worth $26,000. Optima Capital LLC purchased a new stake in Schwab US Large-Cap ETF in the fourth quarter worth $29,000. Tidemark LLC raised 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 worth $34,000 after purchasing an additional 1,053 shares in the last quarter. Finally, Acumen Wealth Advisors LLC bought a new position in Schwab US Large-Cap ETF in the fourth quarter worth $39,000.

Schwab US Large-Cap ETF Trading Up 1.0%

Shares of Schwab US Large-Cap ETF stock opened at $29.49 on Friday. The firm has a market capitalization of $71.11 billion, a P/E ratio of 25.66 and a beta of 1.01. The business has a fifty day simple moving average of $28.72 and a two-hundred day simple moving average of $27.49. Schwab US Large-Cap ETF has a 12 month low of $23.50 and a 12 month high of $29.95.

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.