Phillips Financial Management LLC Purchases 171,943 Shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Phillips Financial Management LLC increased its stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 200.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 257,894 shares of the company’s stock after purchasing an additional 171,943 shares during the period. Phillips Financial Management LLC’s holdings in Schwab US Large-Cap ETF were worth $5,978,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. McClarren Financial Advisors Inc. bought a new position in shares of Schwab US Large-Cap ETF in the fourth quarter worth $25,000. Versant Capital Management Inc increased its position in shares of Schwab US Large-Cap ETF by 201.0% in the fourth quarter. Versant Capital Management Inc now owns 1,261 shares of the company’s stock worth $29,000 after purchasing an additional 842 shares during the period. IFS Advisors LLC bought a new position in shares of Schwab US Large-Cap ETF in the fourth quarter worth $30,000. Princeton Global Asset Management LLC increased its position in shares of Schwab US Large-Cap ETF by 200.7% in the fourth quarter. Princeton Global Asset Management LLC now owns 1,299 shares of the company’s stock worth $30,000 after purchasing an additional 867 shares during the period. Finally, Brooklyn Investment Group bought a new position in shares of Schwab US Large-Cap ETF in the fourth quarter worth $32,000.

Schwab US Large-Cap ETF Stock Performance

Shares of NYSEARCA SCHX opened at $22.07 on Thursday. The stock’s fifty day moving average is $23.56 and its 200 day moving average is $23.18. The stock has a market capitalization of $49.66 billion, a P/E ratio of 24.44 and a beta of 1.03. Schwab US Large-Cap ETF has a 52 week low of $19.50 and a 52 week high of $24.31.

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.