Archer Investment Corp Boosts Stock Position in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Archer Investment Corp raised its stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 200.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,874 shares of the company’s stock after acquiring an additional 3,922 shares during the quarter. Archer Investment Corp’s holdings in Schwab US Large-Cap ETF were worth $136,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of SCHX. Sage Financial Group Inc. increased its position in shares of Schwab US Large-Cap ETF by 197.7% during the 4th quarter. Sage Financial Group Inc. now owns 24,865,286 shares of the company’s stock worth $576,377,000 after purchasing an additional 16,511,474 shares during the last quarter. US Bancorp DE grew its stake in shares of Schwab US Large-Cap ETF by 43.8% during the third quarter. US Bancorp DE now owns 20,593,427 shares of the company’s stock worth $1,397,264,000 after purchasing an additional 6,275,290 shares in the last quarter. McAdam LLC boosted its holdings in Schwab US Large-Cap ETF by 210.5% in the fourth quarter. McAdam LLC now owns 10,339,604 shares of the company’s stock valued at $239,672,000 after purchasing an additional 7,009,351 shares in the last quarter. Cerity Partners LLC raised its stake in Schwab US Large-Cap ETF by 10.1% during the 3rd quarter. Cerity Partners LLC now owns 6,217,901 shares of the company’s stock worth $421,885,000 after acquiring an additional 567,858 shares in the last quarter. Finally, BlueSky Wealth Advisors LLC increased its position in Schwab US Large-Cap ETF by 203.2% during the fourth quarter. BlueSky Wealth Advisors LLC now owns 5,990,685 shares of the company’s stock worth $138,864,000 after buying an additional 4,014,627 shares during the period.

Schwab US Large-Cap ETF Stock Up 0.4 %

Shares of Schwab US Large-Cap ETF stock opened at $24.06 on Friday. The firm has a market cap of $15.68 billion, a price-to-earnings ratio of 26.53 and a beta of 1.02. Schwab US Large-Cap ETF has a 52-week low of $19.39 and a 52-week high of $24.23. The company’s 50-day simple moving average is $23.69 and its 200-day simple moving average is $22.83.

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.