Immaculate Wealth Management LLC Invests $583,000 in Schwab US Large-Cap ETF $SCHX

Immaculate Wealth Management LLC purchased a new stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) during the first quarter, Holdings Channel reports. The institutional investor purchased 22,746 shares of the company’s stock, valued at approximately $583,000. Schwab US Large-Cap ETF comprises 4.6% of Immaculate Wealth Management LLC’s investment portfolio, making the stock its 11th largest position.

Several other hedge funds and other institutional investors have also bought and sold shares of SCHX. Brighton Jones LLC boosted its position in shares of Schwab US Large-Cap ETF by 198.5% during the fourth quarter. Brighton Jones LLC now owns 211,330 shares of the company’s stock worth $4,899,000 after purchasing an additional 140,539 shares in the last quarter. Russell Investments Group Ltd. increased its position in shares of Schwab US Large-Cap ETF by 33.3% in the 2nd quarter. Russell Investments Group Ltd. now owns 62,112 shares of the company’s stock valued at $1,518,000 after buying an additional 15,522 shares in the last quarter. First Trust Advisors LP bought a new stake in shares of Schwab US Large-Cap ETF in the 2nd quarter valued at $633,000. Baird Financial Group Inc. increased its position in shares of Schwab US Large-Cap ETF by 25.1% in the 2nd quarter. Baird Financial Group Inc. now owns 35,076 shares of the company’s stock valued at $857,000 after buying an additional 7,045 shares in the last quarter. Finally, Ieq Capital LLC raised its stake in Schwab US Large-Cap ETF by 9.1% during the 2nd quarter. Ieq Capital LLC now owns 247,992 shares of the company’s stock worth $6,061,000 after buying an additional 20,758 shares during the period.

Schwab US Large-Cap ETF Trading Up 0.6%

SCHX stock opened at $29.44 on Friday. The business’s 50-day moving average price is $29.37 and its two-hundred day moving average price is $27.98. The firm has a market cap of $71.82 billion, a PE ratio of 25.66 and a beta of 1.00. Schwab US Large-Cap ETF has a 1-year low of $24.52 and a 1-year high of $29.95.

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. The Index is a float-adjusted market capitalization weighted index. The types of derivatives used by the Fund are options, futures, options on futures and swaps.