Firestone Capital Management Increases Stock Position in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Firestone Capital Management lifted its stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 200.3% during the fourth quarter, Holdings Channel reports. The fund owned 45,132 shares of the company’s stock after purchasing an additional 30,104 shares during the quarter. Firestone Capital Management’s holdings in Schwab US Large-Cap ETF were worth $1,046,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SCHX. Lido Advisors LLC raised its stake in Schwab US Large-Cap ETF by 499.1% during the fourth quarter. Lido Advisors LLC now owns 382,480 shares of the company’s stock valued at $8,866,000 after buying an additional 318,636 shares in the last quarter. Capstone Financial Advisors Inc. lifted its position in shares of Schwab US Large-Cap ETF by 206.3% in the 4th quarter. Capstone Financial Advisors Inc. now owns 15,878 shares of the company’s stock worth $368,000 after buying an additional 10,695 shares during the last quarter. Northern Trust Corp boosted its holdings in shares of Schwab US Large-Cap ETF by 199.0% in the 4th quarter. Northern Trust Corp now owns 608,238 shares of the company’s stock valued at $14,099,000 after buying an additional 404,839 shares during the period. Bellwether Advisors LLC acquired a new stake in Schwab US Large-Cap ETF during the fourth quarter worth about $32,000. Finally, Beacon Pointe Advisors LLC lifted its holdings in Schwab US Large-Cap ETF by 190.0% in the fourth quarter. Beacon Pointe Advisors LLC now owns 6,184,920 shares of the company’s stock worth $143,366,000 after acquiring an additional 4,052,300 shares during the last quarter.

Schwab US Large-Cap ETF Trading Up 0.0 %

Shares of Schwab US Large-Cap ETF stock opened at $21.77 on Tuesday. Schwab US Large-Cap ETF has a twelve month low of $19.00 and a twelve month high of $24.31. The stock has a market capitalization of $49.64 billion, a price-to-earnings ratio of 24.98 and a beta of 1.02. The business’s 50 day simple moving average is $21.95 and its 200-day simple moving average is $23.00.

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 $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.