Financial Management Network Inc. Acquires 14,120 Shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Financial Management Network Inc. lifted its holdings in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 176.3% during the 4th quarter, Holdings Channel reports. The firm owned 22,127 shares of the company’s stock after purchasing an additional 14,120 shares during the quarter. Financial Management Network Inc.’s holdings in Schwab US Large-Cap ETF were worth $519,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Concourse Financial Group Securities Inc. boosted its holdings in Schwab US Large-Cap ETF by 224.3% in the third quarter. Concourse Financial Group Securities Inc. now owns 373 shares of the company’s stock worth $25,000 after acquiring an additional 258 shares in the last quarter. McClarren Financial Advisors Inc. bought a new position in Schwab US Large-Cap ETF in the fourth quarter worth approximately $25,000. Versant Capital Management Inc boosted its holdings in Schwab US Large-Cap ETF by 201.0% in the fourth quarter. Versant Capital Management Inc now owns 1,261 shares of the company’s stock worth $29,000 after acquiring an additional 842 shares in the last quarter. IFS Advisors LLC bought a new position in Schwab US Large-Cap ETF in the fourth quarter worth approximately $30,000. Finally, Princeton Global Asset Management LLC boosted its holdings in Schwab US Large-Cap ETF by 200.7% in the fourth quarter. Princeton Global Asset Management LLC now owns 1,299 shares of the company’s stock worth $30,000 after acquiring an additional 867 shares in the last quarter.

Schwab US Large-Cap ETF Stock Performance

Shares of NYSEARCA:SCHX opened at $24.26 on Wednesday. The business’s 50 day simple moving average is $23.70 and its two-hundred day simple moving average is $22.98. The firm has a market cap of $15.82 billion, a P/E ratio of 26.53 and a beta of 1.02. Schwab US Large-Cap ETF has a 52-week low of $19.50 and a 52-week high of $24.26.

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.