Index Fund Advisors Inc. Raises Stock Holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Index Fund Advisors Inc. grew its stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 200.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 14,780 shares of the company’s stock after buying an additional 9,857 shares during the period. Index Fund Advisors Inc.’s holdings in Schwab US Large-Cap ETF were worth $343,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Northwest Capital Management Inc increased its stake in shares of Schwab US Large-Cap ETF by 1.8% in the third quarter. Northwest Capital Management Inc now owns 265,123 shares of the company’s stock worth $17,989,000 after purchasing an additional 4,666 shares in the last quarter. Ritholtz Wealth Management purchased a new position in shares of Schwab US Large-Cap ETF in the third quarter valued at about $246,000. City State Bank purchased a new stake in shares of Schwab US Large-Cap ETF during the third quarter worth about $42,000. Concourse Financial Group Securities Inc. raised its stake in 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 purchasing an additional 258 shares during the period. Finally, Sound Income Strategies LLC purchased a new position in Schwab US Large-Cap ETF in the 3rd quarter worth approximately $57,000.

Schwab US Large-Cap ETF Price Performance

SCHX stock opened at $24.00 on Tuesday. The company has a market capitalization of $15.65 billion, a price-to-earnings ratio of 26.53 and a beta of 1.02. Schwab US Large-Cap ETF has a 1-year low of $19.39 and a 1-year high of $24.23. The business has a 50 day simple moving average of $23.70 and a two-hundred day simple moving average of $22.87.

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.