Schwab US Large-Cap ETF (NYSEARCA:SCHX) Hits New 1-Year High – Still a Buy?

Schwab US Large-Cap ETF (NYSEARCA:SCHX) hit a new 52-week high on Tuesday. The stock traded as high as $30.79 and last traded at $30.7750, with a volume of 1513945 shares. The stock had previously closed at $30.54.

Schwab US Large-Cap ETF Trading Down 0.3%

The firm has a market cap of $75.19 billion, a PE ratio of 25.66 and a beta of 1.01. The firm has a 50 day moving average price of $30.23 and a 200-day moving average price of $29.10.

Institutional Investors Weigh In On Schwab US Large-Cap ETF

Large investors have recently modified their holdings of the company. Legacy Private Trust Co. purchased a new position in shares of Schwab US Large-Cap ETF during the third quarter worth about $10,825,000. HB Wealth Management LLC lifted its position in Schwab US Large-Cap ETF by 2.6% during the 2nd quarter. HB Wealth Management LLC now owns 3,146,255 shares of the company’s stock worth $92,594,000 after acquiring an additional 78,921 shares during the period. Lido Advisors LLC grew its stake in shares of Schwab US Large-Cap ETF by 5.7% in the 1st quarter. Lido Advisors LLC now owns 363,701 shares of the company’s stock valued at $9,327,000 after purchasing an additional 19,671 shares during the last quarter. Western Wealth Management LLC increased its holdings in shares of Schwab US Large-Cap ETF by 102.6% in the first quarter. Western Wealth Management LLC now owns 249,040 shares of the company’s stock valued at $6,385,000 after purchasing an additional 126,095 shares during the period. Finally, L2 Asset Management LLC lifted its holdings in shares of Schwab US Large-Cap ETF by 47.5% during the fourth quarter. L2 Asset Management LLC now owns 577,272 shares of the company’s stock worth $15,534,000 after purchasing an additional 185,882 shares during the period.

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.