Weik Capital Management Boosts Holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Weik Capital Management grew its position in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 205.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 15,295 shares of the company’s stock after buying an additional 10,280 shares during the period. Weik Capital Management’s holdings in Schwab US Large-Cap ETF were worth $355,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of SCHX. Total Investment Management Inc. boosted its stake in shares of Schwab US Large-Cap ETF by 200.6% during the fourth quarter. Total Investment Management Inc. now owns 13,510 shares of the company’s stock valued at $313,000 after purchasing an additional 9,016 shares during the period. Keystone Wealth Services LLC grew its stake in shares of Schwab US Large-Cap ETF by 200.4% in the 4th quarter. Keystone Wealth Services LLC now owns 34,854 shares of the company’s stock worth $808,000 after buying an additional 23,252 shares during the last quarter. Brass Tax Wealth Management Inc. bought a new position in Schwab US Large-Cap ETF in the 3rd quarter worth about $3,040,000. B. Riley Wealth Advisors Inc. increased its holdings in shares of Schwab US Large-Cap ETF by 4.8% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 110,984 shares of the company’s stock worth $7,469,000 after purchasing an additional 5,035 shares in the last quarter. Finally, Pure Portfolios Holdings LLC lifted its position in Schwab US Large-Cap ETF by 201.1% during the fourth quarter. Pure Portfolios Holdings LLC now owns 1,408,552 shares of the company’s stock valued at $32,650,000 after purchasing an additional 940,747 shares during the period.

Schwab US Large-Cap ETF Price Performance

Shares of SCHX stock opened at $22.39 on Friday. The firm has a fifty day moving average price of $23.35 and a 200-day moving average price of $23.21. The company has a market cap of $50.38 billion, a price-to-earnings ratio of 24.44 and a beta of 1.03. 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 Cuts Dividend

The firm also recently declared a dividend, which will be paid on Monday, March 31st. Investors of record on Wednesday, March 26th will be paid a dividend of $0.0668 per share. The ex-dividend date is Wednesday, March 26th.

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.