Schwab US Large-Cap ETF (NYSEARCA:SCHX) Shares Purchased by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. boosted its stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 184.6% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 14,690,875 shares of the company’s stock after purchasing an additional 9,528,765 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Schwab US Large-Cap ETF were worth $340,534,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in SCHX. McClarren Financial Advisors Inc. acquired a new stake in shares of Schwab US Large-Cap ETF during the 4th quarter worth approximately $25,000. Prudent Man Investment Management Inc. purchased a new stake in Schwab US Large-Cap ETF in the fourth quarter valued at $26,000. Versant Capital Management Inc grew its holdings in shares of Schwab US Large-Cap ETF by 201.0% during the 4th 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. Princeton Global Asset Management LLC increased its position in shares of Schwab US Large-Cap ETF by 200.7% during the 4th 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 last quarter. Finally, IFS Advisors LLC purchased a new stake in Schwab US Large-Cap ETF in the 4th quarter valued at about $30,000.

Schwab US Large-Cap ETF Price Performance

Shares of SCHX stock opened at $19.95 on Friday. Schwab US Large-Cap ETF has a 1-year low of $19.50 and a 1-year high of $24.31. The firm has a market cap of $45.09 billion, a PE ratio of 24.34 and a beta of 1.03. The company has a 50-day moving average of $23.07 and a two-hundred day moving average of $23.21.

Schwab US Large-Cap ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were given a dividend of $0.0668 per share. The ex-dividend date of this dividend was Wednesday, March 26th.

Schwab US Large-Cap ETF Company 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.