Verity & Verity LLC Increases Stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Verity & Verity LLC increased its holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 190.3% in the fourth quarter, Holdings Channel reports. The fund owned 14,173 shares of the company’s stock after purchasing an additional 9,291 shares during the quarter. Verity & Verity LLC’s holdings in Schwab US Large-Cap ETF were worth $329,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHX. Concourse Financial Group Securities Inc. lifted its position in shares of Schwab US Large-Cap ETF by 224.3% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 373 shares of the company’s stock worth $25,000 after purchasing an additional 258 shares during the period. Versant Capital Management Inc boosted its position in Schwab US Large-Cap ETF by 201.0% during the 4th quarter. Versant Capital Management Inc now owns 1,261 shares of the company’s stock valued at $29,000 after acquiring an additional 842 shares in the last quarter. IFS Advisors LLC purchased a new position in shares of Schwab US Large-Cap ETF in the 4th quarter valued at $30,000. Brooklyn Investment Group bought a new position in shares of Schwab US Large-Cap ETF in the 4th quarter worth $32,000. Finally, Rise Advisors LLC lifted its stake in shares of Schwab US Large-Cap ETF by 459.5% during the 4th quarter. Rise Advisors LLC now owns 1,410 shares of the company’s stock worth $33,000 after purchasing an additional 1,158 shares during the last quarter.

Schwab US Large-Cap ETF Price Performance

Shares of SCHX stock opened at $23.71 on Friday. The company has a market cap of $15.46 billion, a P/E ratio of 26.53 and a beta of 1.02. The stock’s 50-day moving average is $23.60 and its 200 day moving average is $22.63. Schwab US Large-Cap ETF has a 1-year low of $18.66 and a 1-year high of $24.19.

About Schwab US Large-Cap ETF

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.