Schwab US Large-Cap ETF (NYSEARCA:SCHX) Stock Position Lifted by Raine Group LLC

Raine Group LLC increased its position in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 201.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 362,789 shares of the company’s stock after purchasing an additional 242,571 shares during the period. Schwab US Large-Cap ETF comprises 50.3% of Raine Group LLC’s investment portfolio, making the stock its largest position. Raine Group LLC’s holdings in Schwab US Large-Cap ETF were worth $8,409,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. McClarren Financial Advisors Inc. bought a new stake in Schwab US Large-Cap ETF in the 4th quarter worth about $25,000. Prudent Man Investment Management Inc. bought a new stake in shares of Schwab US Large-Cap ETF during the 4th quarter valued at about $26,000. IFS Advisors LLC purchased a new stake in Schwab US Large-Cap ETF during the fourth quarter valued at approximately $30,000. Princeton Global Asset Management LLC lifted its position 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 purchasing an additional 867 shares in the last quarter. Finally, Delta Asset Management LLC TN grew its stake in shares of Schwab US Large-Cap ETF by 200.0% during the 4th quarter. Delta Asset Management LLC TN now owns 1,350 shares of the company’s stock valued at $31,000 after acquiring an additional 900 shares during the period.

Schwab US Large-Cap ETF Stock Performance

SCHX opened at $23.27 on Thursday. The stock has a market cap of $53.75 billion, a price-to-earnings ratio of 24.41 and a beta of 1.02. The firm’s fifty day moving average is $21.74 and its 200 day moving average is $22.95. 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 business also recently declared a dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were given a $0.0668 dividend. 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.