Wells Fargo & Company MN Acquires 1,266,071 Shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Wells Fargo & Company MN lifted its position in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 199.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,902,421 shares of the company’s stock after purchasing an additional 1,266,071 shares during the period. Wells Fargo & Company MN owned about 0.29% of Schwab US Large-Cap ETF worth $44,098,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. McClarren Financial Advisors Inc. purchased a new stake in shares of Schwab US Large-Cap ETF in the fourth quarter worth $25,000. Prudent Man Investment Management Inc. purchased a new position in Schwab US Large-Cap ETF during the fourth quarter valued at $26,000. Versant Capital Management Inc grew its stake in Schwab US Large-Cap ETF by 201.0% during 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 in the last quarter. Princeton Global Asset Management LLC grew its stake in Schwab US Large-Cap ETF by 200.7% during the fourth 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 in the last quarter. Finally, IFS Advisors LLC purchased a new position in Schwab US Large-Cap ETF during the fourth quarter valued at $30,000.

Schwab US Large-Cap ETF Stock Performance

SCHX opened at $21.43 on Thursday. The stock has a market capitalization of $48.43 billion, a price-to-earnings ratio of 24.34 and a beta of 1.03. The company has a fifty day moving average of $22.72 and a 200 day moving average of $23.13. Schwab US Large-Cap ETF has a fifty-two week low of $19.00 and a fifty-two week high of $24.31.

Schwab US Large-Cap ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th were paid a $0.0668 dividend. 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.