Stuart Investment Advisors Inc. Buys New Stake in Schwab US Large-Cap ETF $SCHX

Stuart Investment Advisors Inc. purchased a new position in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 24,558 shares of the company’s stock, valued at approximately $630,000. Schwab US Large-Cap ETF makes up about 0.3% of Stuart Investment Advisors Inc.’s holdings, making the stock its 14th largest holding.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Moneta Group Investment Advisors LLC increased its stake in shares of Schwab US Large-Cap ETF by 3.0% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 35,831,024 shares of the company’s stock valued at $964,213,000 after purchasing an additional 1,051,978 shares in the last quarter. HBK Sorce Advisory LLC boosted its position in Schwab US Large-Cap ETF by 1.3% during the fourth quarter. HBK Sorce Advisory LLC now owns 34,479,165 shares of the company’s stock worth $939,212,000 after purchasing an additional 437,374 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in Schwab US Large-Cap ETF by 5.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 30,984,972 shares of the company’s stock valued at $833,806,000 after purchasing an additional 1,546,669 shares during the period. Sage Financial Group Inc. grew its holdings in Schwab US Large-Cap ETF by 0.8% in the third quarter. Sage Financial Group Inc. now owns 25,009,642 shares of the company’s stock valued at $658,754,000 after purchasing an additional 199,289 shares during the period. Finally, Captrust Financial Advisors increased its position in shares of Schwab US Large-Cap ETF by 5.6% in the fourth quarter. Captrust Financial Advisors now owns 19,522,489 shares of the company’s stock valued at $525,350,000 after buying an additional 1,039,540 shares in the last quarter.

Schwab US Large-Cap ETF Price Performance

Shares of SCHX stock opened at $28.88 on Friday. The company has a market cap of $69.64 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01. The stock has a 50 day simple moving average of $28.94 and a 200-day simple moving average of $27.56. Schwab US Large-Cap ETF has a 1-year low of $24.08 and a 1-year 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.