NFP Retirement Inc. Grows Stock Holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

NFP Retirement Inc. lifted its stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 177.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 315,159 shares of the company’s stock after acquiring an additional 201,363 shares during the quarter. NFP Retirement Inc.’s holdings in Schwab US Large-Cap ETF were worth $7,305,000 at the end of the most recent reporting period.

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

Schwab US Large-Cap ETF Stock Performance

NYSEARCA SCHX opened at $20.72 on Friday. Schwab US Large-Cap ETF has a one year low of $19.00 and a one year high of $24.31. The company has a market capitalization of $46.83 billion, a price-to-earnings ratio of 24.34 and a beta of 1.03. The company’s 50-day simple moving average is $22.66 and its two-hundred day simple moving average is $23.12.

Schwab US Large-Cap ETF Cuts Dividend

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

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.