Financial Designs Corp Makes New $329,000 Investment in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Financial Designs Corp purchased a new stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 14,172 shares of the company’s stock, valued at approximately $329,000. Schwab US Large-Cap ETF accounts for about 0.2% of Financial Designs Corp’s holdings, making the stock its 19th biggest holding.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Concourse Financial Group Securities Inc. lifted its position in shares of Schwab US Large-Cap ETF by 224.3% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 373 shares of the company’s stock valued at $25,000 after acquiring an additional 258 shares during the period. City State Bank bought a new stake in Schwab US Large-Cap ETF in the third quarter valued at $42,000. Marquette Asset Management LLC acquired a new position in shares of Schwab US Large-Cap ETF during the third quarter valued at about $43,000. Strategic Investment Solutions Inc. IL bought a new position in shares of Schwab US Large-Cap ETF during the 2nd quarter worth about $45,000. Finally, Cornerstone Planning Group LLC boosted its position in shares of Schwab US Large-Cap ETF by 200.8% during the 3rd quarter. Cornerstone Planning Group LLC now owns 791 shares of the company’s stock worth $54,000 after purchasing an additional 528 shares in the last quarter.

Schwab US Large-Cap ETF Stock Performance

Shares of NYSEARCA:SCHX opened at $24.19 on Friday. Schwab US Large-Cap ETF has a 52-week low of $19.08 and a 52-week high of $24.19. The business’s 50 day simple moving average is $23.61 and its two-hundred day simple moving average is $22.69. The firm has a market cap of $15.77 billion, a P/E ratio of 26.53 and a beta of 1.02.

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.