Howard Bailey Securities LLC Buys Shares of 17,427 Schwab US Large-Cap ETF $SCHX

Howard Bailey Securities LLC bought a new stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 17,427 shares of the company’s stock, valued at approximately $469,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in SCHX. Corient Private Wealth LLC increased its position in Schwab US Large-Cap ETF by 163.9% during the 2nd quarter. Corient Private Wealth LLC now owns 12,518,206 shares of the company’s stock valued at $306,087,000 after purchasing an additional 7,775,179 shares during the period. Moneta Group Investment Advisors LLC increased its position in Schwab US Large-Cap ETF by 5.5% during the 3rd quarter. Moneta Group Investment Advisors LLC now owns 34,779,046 shares of the company’s stock valued at $916,080,000 after purchasing an additional 1,808,743 shares during the period. Modern Wealth Management LLC increased its position in Schwab US Large-Cap ETF by 3,179.2% during the 3rd quarter. Modern Wealth Management LLC now owns 1,815,186 shares of the company’s stock valued at $47,812,000 after purchasing an additional 1,759,832 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in Schwab US Large-Cap ETF by 5.8% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 29,438,303 shares of the company’s stock valued at $775,405,000 after purchasing an additional 1,616,966 shares during the period. Finally, Bank of America Corp DE increased its position in Schwab US Large-Cap ETF by 19.2% during the 3rd quarter. Bank of America Corp DE now owns 9,204,094 shares of the company’s stock valued at $242,436,000 after purchasing an additional 1,479,921 shares during the period.

Schwab US Large-Cap ETF Stock Performance

NYSEARCA:SCHX opened at $29.13 on Tuesday. The company has a market capitalization of $70.24 billion, a PE ratio of 25.66 and a beta of 1.01. The company has a 50 day simple moving average of $28.14 and a two-hundred day simple moving average of $27.33. Schwab US Large-Cap ETF has a fifty-two week low of $23.50 and a fifty-two week high of $29.95.

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. 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.