296,141 Shares in Schwab US Large-Cap ETF (NYSEARCA:SCHX) Bought by Sage Financial Management Group Inc.

by · The Cerbat Gem

Sage Financial Management Group Inc. bought a new position in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX – Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 296,141 shares of the company’s stock, valued at approximately $14,985,000. Schwab US Large-Cap ETF comprises 9.0% of Sage Financial Management Group Inc.’s holdings, making the stock its 4th biggest position.

Several other hedge funds have also recently bought and sold shares of SCHX. Ironwood Wealth Management LLC. increased its position in Schwab US Large-Cap ETF by 99.3% during the first quarter. Ironwood Wealth Management LLC. now owns 19,669 shares of the company’s stock worth $1,059,000 after buying an additional 9,800 shares during the last quarter. Retirement Income Solutions Inc grew its position in shares of Schwab US Large-Cap ETF by 100.0% in the first quarter. Retirement Income Solutions Inc now owns 5,196 shares of the company’s stock valued at $280,000 after purchasing an additional 2,598 shares during the last quarter. AMI Investment Management Inc. grew its position in shares of Schwab US Large-Cap ETF by 81.4% in the first quarter. AMI Investment Management Inc. now owns 180,373 shares of the company’s stock valued at $9,713,000 after purchasing an additional 80,966 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of Schwab US Large-Cap ETF by 125.3% in the first quarter. JPMorgan Chase & Co. now owns 7,078 shares of the company’s stock valued at $381,000 after purchasing an additional 3,936 shares during the last quarter. Finally, Raymond James & Associates grew its position in shares of Schwab US Large-Cap ETF by 91.3% in the first quarter. Raymond James & Associates now owns 58,163 shares of the company’s stock valued at $3,132,000 after purchasing an additional 27,760 shares during the last quarter.

Schwab US Large-Cap ETF Stock Performance

Shares of NYSEARCA:SCHX opened at $56.37 on Wednesday. The company has a market cap of $36.08 billion, a P/E ratio of 18.28 and a beta of 1.01. The stock’s 50-day moving average is $52.49 and its 200-day moving average is $52.31. Schwab US Large-Cap ETF has a 52-week low of $44.24 and a 52-week high of $56.38.

Schwab US Large-Cap ETF Profile

(Free Report)

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.

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