Next Capital Management LLC Buys 99,882 Shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Next Capital Management LLC increased its stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 204.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 148,716 shares of the company’s stock after buying an additional 99,882 shares during the period. Schwab US Large-Cap ETF accounts for approximately 1.4% of Next Capital Management LLC’s holdings, making the stock its 19th biggest holding. Next Capital Management LLC’s holdings in Schwab US Large-Cap ETF were worth $3,447,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. US Bancorp DE lifted its stake in Schwab US Large-Cap ETF by 902.4% in the fourth quarter. US Bancorp DE now owns 206,419,096 shares of the company’s stock valued at $4,784,795,000 after buying an additional 185,825,669 shares during the period. HBK Sorce Advisory LLC increased its stake in shares of Schwab US Large-Cap ETF by 202.2% in the 4th quarter. HBK Sorce Advisory LLC now owns 32,139,846 shares of the company’s stock valued at $745,002,000 after acquiring an additional 21,503,265 shares during the last quarter. Sage Financial Group Inc. raised its position 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 valued at $576,377,000 after acquiring an additional 16,511,474 shares during the period. Campbell Wealth Management boosted its stake in Schwab US Large-Cap ETF by 208.8% during 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 last quarter. Finally, Diversified Enterprises LLC grew its holdings in Schwab US Large-Cap ETF by 275.0% during the fourth quarter. Diversified Enterprises LLC now owns 14,875,742 shares of the company’s stock valued at $344,820,000 after purchasing an additional 10,909,001 shares during the period.

Schwab US Large-Cap ETF Stock Performance

Shares of NYSEARCA:SCHX opened at $22.16 on Wednesday. The company has a market capitalization of $49.86 billion, a PE ratio of 24.44 and a beta of 1.03. The company has a 50 day moving average price of $23.46 and a two-hundred day moving average price of $23.19. Schwab US Large-Cap ETF has a 52 week low of $19.50 and a 52 week high of $24.31.

About Schwab US Large-Cap ETF

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.