2,359,231 Shares in Schwab US Large-Cap ETF $SCHX Purchased by Scarborough Advisors LLC

Scarborough Advisors LLC purchased a new position in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) in the first quarter, HoldingsChannel.com reports. The institutional investor purchased 2,359,231 shares of the company’s stock, valued at approximately $60,491,000. Schwab US Large-Cap ETF accounts for 6.6% of Scarborough Advisors LLC’s investment portfolio, making the stock its biggest position.

Other hedge funds also recently added to or reduced their stakes in the company. Corient Private Wealth LLC lifted its stake in Schwab US Large-Cap ETF by 163.9% in the second quarter. Corient Private Wealth LLC now owns 12,518,206 shares of the company’s stock worth $306,087,000 after purchasing an additional 7,775,179 shares during the last quarter. EP Wealth Advisors LLC bought a new position in shares of Schwab US Large-Cap ETF during the fourth quarter valued at approximately $86,562,000. Fund Evaluation Group LLC grew its stake in shares of Schwab US Large-Cap ETF by 32.4% during the fourth quarter. Fund Evaluation Group LLC now owns 9,492,565 shares of the company’s stock valued at $255,445,000 after buying an additional 2,325,216 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Schwab US Large-Cap ETF by 5.8% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 29,438,303 shares of the company’s stock worth $775,405,000 after buying an additional 1,616,966 shares during the period. Finally, Bank of America Corp DE raised its holdings in shares of Schwab US Large-Cap ETF by 19.2% in the third quarter. Bank of America Corp DE now owns 9,204,094 shares of the company’s stock worth $242,436,000 after buying an additional 1,479,921 shares during the period.

Schwab US Large-Cap ETF Stock Performance

Shares of SCHX stock opened at $29.31 on Monday. Schwab US Large-Cap ETF has a 52-week low of $24.52 and a 52-week high of $29.95. The firm has a market capitalization of $71.36 billion, a P/E ratio of 25.66 and a beta of 1.00. The stock has a 50 day moving average price of $29.35 and a 200 day moving average price of $27.84.

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.