Mission Wealth Management LP Boosts Stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Mission Wealth Management LP raised its holdings in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 7.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 66,385 shares of the company’s stock after buying an additional 4,554 shares during the quarter. Mission Wealth Management LP’s holdings in Schwab US Large-Cap ETF were worth $3,744,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Providence Capital Advisors LLC bought a new position in Schwab US Large-Cap ETF during the 3rd quarter valued at approximately $26,000. Cordant Inc. raised its position in shares of Schwab US Large-Cap ETF by 133.9% in the 4th quarter. Cordant Inc. now owns 594 shares of the company’s stock worth $34,000 after acquiring an additional 340 shares in the last quarter. Centerpoint Advisors LLC bought a new position in shares of Schwab US Large-Cap ETF in the 3rd quarter worth approximately $42,000. Fortitude Family Office LLC bought a new position in shares of Schwab US Large-Cap ETF in the 4th quarter worth approximately $51,000. Finally, Gradient Investments LLC raised its position in shares of Schwab US Large-Cap ETF by 71.5% in the 3rd quarter. Gradient Investments LLC now owns 988 shares of the company’s stock worth $50,000 after acquiring an additional 412 shares in the last quarter.

Schwab US Large-Cap ETF Trading Down 1.6 %

SCHX traded down $0.95 during trading on Tuesday, hitting $59.53. 1,332,265 shares of the company’s stock traded hands, compared to its average volume of 1,811,060. The company’s 50 day simple moving average is $60.71 and its two-hundred day simple moving average is $56.89. Schwab US Large-Cap ETF has a 12-month low of $47.57 and a 12-month high of $62.24. The stock has a market capitalization of $38.63 billion, a price-to-earnings ratio of 25.47 and a beta of 1.02.

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.