Morton Capital Management LLC CA Grows Stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Morton Capital Management LLC CA raised its holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 185.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 20,121 shares of the company’s stock after buying an additional 13,062 shares during the quarter. Morton Capital Management LLC CA’s holdings in Schwab US Large-Cap ETF were worth $466,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. US Bancorp DE boosted its holdings in Schwab US Large-Cap ETF by 43.8% in the third quarter. US Bancorp DE now owns 20,593,427 shares of the company’s stock valued at $1,397,264,000 after acquiring an additional 6,275,290 shares in the last quarter. Cerity Partners LLC lifted its position in shares of Schwab US Large-Cap ETF by 10.1% in the 3rd quarter. Cerity Partners LLC now owns 6,217,901 shares of the company’s stock worth $421,885,000 after purchasing an additional 567,858 shares during the period. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Schwab US Large-Cap ETF by 6.2% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 5,976,786 shares of the company’s stock valued at $138,542,000 after purchasing an additional 348,959 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of Schwab US Large-Cap ETF by 13.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 5,898,131 shares of the company’s stock valued at $379,043,000 after buying an additional 709,943 shares during the period. Finally, Campbell Wealth Management bought a new position in Schwab US Large-Cap ETF in the third quarter worth about $346,668,000.

Schwab US Large-Cap ETF Price Performance

Shares of SCHX opened at $23.48 on Friday. The company has a 50-day simple moving average of $23.60 and a two-hundred day simple moving average of $22.61. The firm has a market capitalization of $15.31 billion, a PE ratio of 26.53 and a beta of 1.02. Schwab US Large-Cap ETF has a one year low of $18.56 and a one year high of $24.19.

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.