Schwab US Large-Cap ETF $SCHX Shares Purchased by Evolution Advisers Inc.

Evolution Advisers Inc. raised its stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 39.7% during the third quarter, Holdings Channel.com reports. The institutional investor owned 145,139 shares of the company’s stock after purchasing an additional 41,241 shares during the quarter. Schwab US Large-Cap ETF accounts for about 1.6% of Evolution Advisers Inc.’s portfolio, making the stock its 13th largest position. Evolution Advisers Inc.’s holdings in Schwab US Large-Cap ETF were worth $4,390,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Allworth Financial LP lifted its stake in Schwab US Large-Cap ETF by 1.6% during the third quarter. Allworth Financial LP now owns 939,933 shares of the company’s stock worth $27,662,000 after purchasing an additional 14,649 shares during the last quarter. Russell Investments Group Ltd. boosted its holdings in shares of Schwab US Large-Cap ETF by 19.7% in the 3rd quarter. Russell Investments Group Ltd. now owns 56,851 shares of the company’s stock worth $1,706,000 after purchasing an additional 9,361 shares in the last quarter. Van Strum & Towne Inc. purchased a new position in shares of Schwab US Large-Cap ETF in the 3rd quarter worth about $9,247,000. CENTRAL TRUST Co purchased a new position in shares of Schwab US Large-Cap ETF in the 3rd quarter worth about $482,000. Finally, Winthrop Capital Management LLC boosted its holdings in shares of Schwab US Large-Cap ETF by 0.6% in the 3rd quarter. Winthrop Capital Management LLC now owns 661,228 shares of the company’s stock worth $19,837,000 after purchasing an additional 3,623 shares in the last quarter.

Schwab US Large-Cap ETF Trading Down 0.4%

Shares of Schwab US Large-Cap ETF stock opened at $29.78 on Friday. The firm has a market capitalization of $73.58 billion, a PE ratio of 23.70 and a beta of 1.01. The business’s 50-day moving average price is $30.11 and its 200-day moving average price is $28.82. Schwab US Large-Cap ETF has a 12 month low of $24.81 and a 12 month high of $30.79.

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.