Meridian Wealth Management LLC Increases Holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Meridian Wealth Management LLC raised its holdings in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 187.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 169,285 shares of the company’s stock after acquiring an additional 110,480 shares during the quarter. Meridian Wealth Management LLC’s holdings in Schwab US Large-Cap ETF were worth $3,924,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Total Investment Management Inc. increased its stake in Schwab US Large-Cap ETF by 200.6% in the fourth quarter. Total Investment Management Inc. now owns 13,510 shares of the company’s stock valued at $313,000 after purchasing an additional 9,016 shares during the last quarter. Brass Tax Wealth Management Inc. acquired a new position in shares of Schwab US Large-Cap ETF in the 3rd quarter valued at $3,040,000. B. Riley Wealth Advisors Inc. grew its position in shares of Schwab US Large-Cap ETF by 4.8% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 110,984 shares of the company’s stock valued at $7,469,000 after buying an additional 5,035 shares during the last quarter. Pure Portfolios Holdings LLC raised its stake 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. Finally, Howard Capital Management Group LLC purchased a new stake in Schwab US Large-Cap ETF in the third quarter valued at $209,000.

Schwab US Large-Cap ETF Price Performance

NYSEARCA SCHX opened at $23.51 on Monday. The company has a fifty day moving average of $23.71 and a two-hundred day moving average of $23.16. The company has a market capitalization of $52.66 billion, a PE ratio of 26.64 and a beta of 1.02. Schwab US Large-Cap ETF has a 1 year low of $19.50 and a 1 year high of $24.31.

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.