Schwab US Large-Cap ETF (NYSEARCA:SCHX) Shares Bought by Jacobi Capital Management LLC

Jacobi Capital Management LLC increased its stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 206.5% in the fourth quarter, HoldingsChannel reports. The firm owned 787,907 shares of the company’s stock after buying an additional 530,802 shares during the quarter. Schwab US Large-Cap ETF makes up approximately 1.4% of Jacobi Capital Management LLC’s holdings, making the stock its 8th biggest holding. Jacobi Capital Management LLC’s holdings in Schwab US Large-Cap ETF were worth $18,264,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Howard Capital Management Group LLC purchased a new stake in Schwab US Large-Cap ETF during the 3rd quarter worth approximately $209,000. PFG Investments LLC acquired a new position in shares of Schwab US Large-Cap ETF during the third quarter worth approximately $203,000. Strategic Blueprint LLC acquired a new position in shares of Schwab US Large-Cap ETF during the third quarter valued at $212,000. Pinnacle Associates Ltd. raised its position in shares of Schwab US Large-Cap ETF by 5.2% during the 3rd quarter. Pinnacle Associates Ltd. now owns 24,649 shares of the company’s stock worth $1,672,000 after buying an additional 1,228 shares in the last quarter. Finally, Financial Advocates Investment Management lifted its position in Schwab US Large-Cap ETF by 6.9% in the third quarter. Financial Advocates Investment Management now owns 28,286 shares of the company’s stock worth $2,051,000 after purchasing an additional 1,838 shares during the period.

Schwab US Large-Cap ETF Stock Performance

NYSEARCA SCHX opened at $23.51 on Friday. The business’s fifty day moving average is $23.71 and its two-hundred day moving average is $23.13. The stock has a market capitalization of $52.66 billion, a P/E ratio of 26.64 and a beta of 1.02. Schwab US Large-Cap ETF has a 1 year low of $19.50 and a 1 year high of $24.31.

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.