Schwab US Large-Cap ETF (NYSEARCA:SCHX) Position Raised by Alliance Wealth Management Group

Alliance Wealth Management Group grew its position in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 200.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,269,625 shares of the company’s stock after purchasing an additional 1,514,487 shares during the quarter. Schwab US Large-Cap ETF makes up about 13.7% of Alliance Wealth Management Group’s portfolio, making the stock its biggest holding. Alliance Wealth Management Group owned 0.35% of Schwab US Large-Cap ETF worth $52,610,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in SCHX. Total Investment Management Inc. increased its holdings in Schwab US Large-Cap ETF by 200.6% in the fourth quarter. Total Investment Management Inc. now owns 13,510 shares of the company’s stock valued at $313,000 after buying an additional 9,016 shares in the last quarter. Keystone Wealth Services LLC grew its position in shares of Schwab US Large-Cap ETF by 200.4% during the 4th quarter. Keystone Wealth Services LLC now owns 34,854 shares of the company’s stock valued at $808,000 after acquiring an additional 23,252 shares during the period. Brass Tax Wealth Management Inc. purchased a new position in shares of Schwab US Large-Cap ETF in the 3rd quarter valued at about $3,040,000. B. Riley Wealth Advisors Inc. raised its holdings in Schwab US Large-Cap ETF by 4.8% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 110,984 shares of the company’s stock worth $7,469,000 after purchasing an additional 5,035 shares during the period. Finally, Pure Portfolios Holdings LLC boosted its position in Schwab US Large-Cap ETF by 201.1% during the fourth quarter. Pure Portfolios Holdings LLC now owns 1,408,552 shares of the company’s stock worth $32,650,000 after purchasing an additional 940,747 shares in the last quarter.

Schwab US Large-Cap ETF Price Performance

Shares of NYSEARCA:SCHX opened at $22.08 on Tuesday. The firm has a market capitalization of $49.90 billion, a price-to-earnings ratio of 24.34 and a beta of 1.03. The business’s 50 day moving average price is $23.28 and its 200-day moving average price is $23.23. Schwab US Large-Cap ETF has a 1 year low of $19.50 and a 1 year high of $24.31.

Schwab US Large-Cap ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were paid a $0.0668 dividend. The ex-dividend date of this dividend was Wednesday, March 26th.

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.