Gambit Capital Management LLC Takes Position in Schwab US Large-Cap ETF $SCHX

Gambit Capital Management LLC purchased a new position in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 232,847 shares of the company’s stock, valued at approximately $6,266,000. Schwab US Large-Cap ETF makes up approximately 4.5% of Gambit Capital Management LLC’s portfolio, making the stock its 5th biggest position.

Other institutional investors and hedge funds have also modified their holdings of the company. Corient Private Wealth LLC raised its holdings in Schwab US Large-Cap ETF by 163.9% during the second quarter. Corient Private Wealth LLC now owns 12,518,206 shares of the company’s stock worth $306,087,000 after purchasing an additional 7,775,179 shares during the last quarter. Vantagepoint Investment Advisers LLC purchased a new position in shares of Schwab US Large-Cap ETF in the third quarter valued at $199,988,000. Moneta Group Investment Advisors LLC increased its position in shares of Schwab US Large-Cap ETF by 5.5% in the third quarter. Moneta Group Investment Advisors LLC now owns 34,779,046 shares of the company’s stock valued at $916,080,000 after buying an additional 1,808,743 shares in the last quarter. Modern Wealth Management LLC raised its stake in shares of Schwab US Large-Cap ETF by 3,179.2% during the 3rd quarter. Modern Wealth Management LLC now owns 1,815,186 shares of the company’s stock worth $47,812,000 after buying an additional 1,759,832 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its position in shares of Schwab US Large-Cap ETF by 5.8% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 29,438,303 shares of the company’s stock worth $775,405,000 after buying an additional 1,616,966 shares in the last quarter.

Schwab US Large-Cap ETF Trading Down 0.0%

Shares of NYSEARCA SCHX opened at $29.03 on Tuesday. The stock has a market cap of $70.00 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01. Schwab US Large-Cap ETF has a 52 week low of $21.81 and a 52 week high of $29.46. The company’s 50-day moving average price is $27.16 and its 200 day moving average price is $27.04.

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. 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.