Schwab US Large-Cap ETF $SCHX Shares Newly Purchased by Pinkerton Wealth LLC

Pinkerton Wealth LLC purchased a new stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) during the third quarter, Holdings Channel reports. The institutional investor purchased 1,480,770 shares of the company’s stock, valued at approximately $44,423,000. Schwab US Large-Cap ETF accounts for approximately 6.9% of Pinkerton Wealth LLC’s investment portfolio, making the stock its biggest position.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Sei Investments Co. increased its stake in shares of Schwab US Large-Cap ETF by 5.0% during the first quarter. Sei Investments Co. now owns 32,528,571 shares of the company’s stock worth $834,033,000 after buying an additional 1,554,760 shares during the period. Koss Olinger Consulting LLC increased its position in shares of Schwab US Large-Cap ETF by 4.9% in the 1st quarter. Koss Olinger Consulting LLC now owns 10,490,753 shares of the company’s stock valued at $268,983,000 after purchasing an additional 492,244 shares during the last quarter. Bank of America Corp DE increased its position in shares of Schwab US Large-Cap ETF by 11.7% in the 1st quarter. Bank of America Corp DE now owns 10,076,451 shares of the company’s stock valued at $258,360,000 after purchasing an additional 1,054,612 shares during the last quarter. Farther Finance Advisors LLC increased its position in shares of Schwab US Large-Cap ETF by 25.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 7,460,996 shares of the company’s stock valued at $223,830,000 after purchasing an additional 1,521,618 shares during the last quarter. Finally, Vantagepoint Investment Advisers LLC purchased a new stake in shares of Schwab US Large-Cap ETF in the 3rd quarter valued at approximately $217,526,000.

Schwab US Large-Cap ETF Stock Performance

Shares of SCHX opened at $29.73 on Monday. Schwab US Large-Cap ETF has a twelve month low of $24.81 and a twelve month high of $30.79. The firm’s fifty day simple moving average is $30.23 and its 200-day simple moving average is $28.71. The firm has a market capitalization of $73.22 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01.

Schwab US Large-Cap ETF Company 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.