Ring Mountain Capital LLC Makes New $4.59 Million Investment in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Ring Mountain Capital LLC acquired a new position in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) during the 4th quarter, Holdings Channel.com reports. The fund acquired 197,889 shares of the company’s stock, valued at approximately $4,587,000. Schwab US Large-Cap ETF accounts for about 3.1% of Ring Mountain Capital LLC’s investment portfolio, making the stock its 9th largest position.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. US Bancorp DE lifted its stake in shares of Schwab US Large-Cap ETF by 902.4% in the 4th quarter. US Bancorp DE now owns 206,419,096 shares of the company’s stock worth $4,784,795,000 after acquiring an additional 185,825,669 shares during the period. Sage Financial Group Inc. lifted its stake in shares of Schwab US Large-Cap ETF by 197.7% in the 4th quarter. Sage Financial Group Inc. now owns 24,865,286 shares of the company’s stock worth $576,377,000 after acquiring an additional 16,511,474 shares during the period. Campbell Wealth Management lifted its stake in shares of Schwab US Large-Cap ETF by 208.8% in the 4th quarter. Campbell Wealth Management now owns 15,779,897 shares of the company’s stock worth $365,778,000 after acquiring an additional 10,670,574 shares during the period. McAdam LLC lifted its stake in shares of Schwab US Large-Cap ETF by 210.5% in the 4th quarter. McAdam LLC now owns 10,339,604 shares of the company’s stock worth $239,672,000 after acquiring an additional 7,009,351 shares during the period. Finally, JMG Financial Group Ltd. lifted its stake in shares of Schwab US Large-Cap ETF by 194.4% in the 4th quarter. JMG Financial Group Ltd. now owns 8,298,426 shares of the company’s stock worth $192,358,000 after acquiring an additional 5,480,099 shares during the period.

Schwab US Large-Cap ETF Stock Performance

SCHX stock opened at $23.09 on Tuesday. Schwab US Large-Cap ETF has a one year low of $19.50 and a one year high of $24.31. The stock has a market capitalization of $51.72 billion, a PE ratio of 26.64 and a beta of 1.02. The company has a fifty day moving average of $23.70 and a 200-day moving average of $23.17.

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.