Gladstone Institutional Advisory LLC Boosts Stock Position in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Gladstone Institutional Advisory LLC raised its holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 209.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 761,730 shares of the company’s stock after buying an additional 515,380 shares during the period. Schwab US Large-Cap ETF comprises about 0.8% of Gladstone Institutional Advisory LLC’s holdings, making the stock its 27th largest position. Gladstone Institutional Advisory LLC’s holdings in Schwab US Large-Cap ETF were worth $17,657,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of SCHX. Concourse Financial Group Securities Inc. increased its holdings 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 valued at $25,000 after acquiring an additional 258 shares during the last quarter. Cornerstone Planning Group LLC increased its stake in Schwab US Large-Cap ETF by 200.8% in the third quarter. Cornerstone Planning Group LLC now owns 791 shares of the company’s stock valued at $54,000 after purchasing an additional 528 shares during the last quarter. Sound Income Strategies LLC purchased a new position in Schwab US Large-Cap ETF in the third quarter valued at approximately $57,000. Reston Wealth Management LLC acquired a new stake in Schwab US Large-Cap ETF during the third quarter worth approximately $85,000. Finally, Versant Capital Management Inc lifted its position in shares of 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 worth $29,000 after buying an additional 842 shares during the last quarter.

Schwab US Large-Cap ETF Stock Performance

Shares of Schwab US Large-Cap ETF stock opened at $24.00 on Wednesday. The company has a fifty day simple moving average of $23.70 and a 200-day simple moving average of $22.88. The stock has a market cap of $15.65 billion, a price-to-earnings ratio of 26.53 and a beta of 1.02. Schwab US Large-Cap ETF has a 12-month low of $19.39 and a 12-month high of $24.23.

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.