U S Wealth Group LLC. Invests $5.24 Million in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

U S Wealth Group LLC. purchased a new stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 226,012 shares of the company’s stock, valued at approximately $5,239,000. Schwab US Large-Cap ETF makes up about 4.0% of U S Wealth Group LLC.’s portfolio, making the stock its 7th biggest holding.

Other hedge funds have also added to or reduced their stakes in the company. Glass Jacobson Investment Advisors llc grew its position in Schwab US Large-Cap ETF by 39.1% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 2,024 shares of the company’s stock worth $137,000 after purchasing an additional 569 shares in the last quarter. Cascade Financial Partners LLC grew its position in Schwab US Large-Cap ETF by 2.0% during the fourth quarter. Cascade Financial Partners LLC now owns 33,065 shares of the company’s stock valued at $766,000 after buying an additional 655 shares during the period. Blue Trust Inc. increased its holdings in Schwab US Large-Cap ETF by 10.4% during the fourth quarter. Blue Trust Inc. now owns 7,718 shares of the company’s stock worth $179,000 after buying an additional 730 shares during the last quarter. Versant Capital Management Inc boosted its stake 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 valued at $29,000 after acquiring an additional 842 shares during the last quarter. Finally, Princeton Global Asset Management LLC grew its position in shares of Schwab US Large-Cap ETF by 200.7% during the 4th quarter. Princeton Global Asset Management LLC now owns 1,299 shares of the company’s stock valued at $30,000 after acquiring an additional 867 shares during the period.

Schwab US Large-Cap ETF Stock Down 5.9 %

Shares of SCHX stock opened at $19.95 on Monday. The firm has a market cap of $45.09 billion, a P/E ratio of 24.34 and a beta of 1.03. The company has a 50 day moving average of $23.07 and a 200-day moving average of $23.21. Schwab US Large-Cap ETF has a 12-month low of $19.03 and a 12-month high of $24.31.

Schwab US Large-Cap ETF Cuts Dividend

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

Schwab US Large-Cap ETF Company 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.