Sheets Smith Wealth Management Grows Stock Position in Schwab US Large-Cap ETF $SCHX

Sheets Smith Wealth Management boosted its stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 2.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 724,427 shares of the company’s stock after acquiring an additional 19,357 shares during the period. Schwab US Large-Cap ETF accounts for 2.1% of Sheets Smith Wealth Management’s investment portfolio, making the stock its 5th largest holding. Sheets Smith Wealth Management’s holdings in Schwab US Large-Cap ETF were worth $18,574,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently bought and sold shares of the business. IFC & Insurance Marketing Inc. acquired a new stake in Schwab US Large-Cap ETF during the fourth quarter worth approximately $25,000. Measured Wealth Private Client Group LLC bought a new position in shares of Schwab US Large-Cap ETF during the 3rd quarter worth approximately $26,000. Optima Capital LLC acquired a new stake in shares of Schwab US Large-Cap ETF during the 4th quarter worth approximately $29,000. Tidemark LLC grew its position in shares of Schwab US Large-Cap ETF by 474.3% during the 4th quarter. Tidemark LLC now owns 1,275 shares of the company’s stock worth $34,000 after buying an additional 1,053 shares during the period. Finally, Acumen Wealth Advisors LLC bought a new stake in shares of Schwab US Large-Cap ETF in the 4th quarter valued at $39,000.

Schwab US Large-Cap ETF Price Performance

Schwab US Large-Cap ETF stock opened at $29.49 on Friday. Schwab US Large-Cap ETF has a 12-month low of $23.50 and a 12-month high of $29.95. The firm’s fifty day moving average is $28.77 and its 200 day moving average is $27.50. The company has a market capitalization of $71.11 billion, a PE ratio of 25.66 and a beta of 1.01.

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. The Index is a float-adjusted market capitalization weighted index. The types of derivatives used by the Fund are options, futures, options on futures and swaps.