141,622 Shares in Schwab US Large-Cap ETF $SCHX Acquired by Cornerstone Financial Management LLC

Cornerstone Financial Management LLC acquired a new position in Schwab US Large-Cap ETF (NYSEARCA:SCHX) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 141,622 shares of the company’s stock, valued at approximately $3,811,000. Schwab US Large-Cap ETF accounts for 3.6% of Cornerstone Financial Management LLC’s portfolio, making the stock its 8th largest holding.

Several other hedge funds also recently added to or reduced their stakes in the business. GEN Financial Management INC. boosted its position in shares of Schwab US Large-Cap ETF by 24.5% during the fourth quarter. GEN Financial Management INC. now owns 895,830 shares of the company’s stock worth $24,107,000 after buying an additional 176,498 shares during the period. Clayton Financial Group LLC boosted its position in shares of Schwab US Large-Cap ETF by 154.6% during the fourth quarter. Clayton Financial Group LLC now owns 49,587 shares of the company’s stock worth $1,334,000 after buying an additional 30,112 shares during the period. Farther Finance Advisors LLC boosted its position in shares of Schwab US Large-Cap ETF by 37.4% during the fourth quarter. Farther Finance Advisors LLC now owns 3,972,127 shares of the company’s stock worth $106,890,000 after buying an additional 1,081,148 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its position in shares of Schwab US Large-Cap ETF by 5.1% during the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 1,130,533 shares of the company’s stock worth $30,423,000 after buying an additional 55,088 shares during the period. Finally, Fortis Capital Management LLC boosted its position in shares of Schwab US Large-Cap ETF by 5.1% during the third quarter. Fortis Capital Management LLC now owns 1,264,795 shares of the company’s stock worth $33,315,000 after buying an additional 61,505 shares during the period.

Schwab US Large-Cap ETF Stock Up 0.5%

SCHX opened at $29.21 on Friday. Schwab US Large-Cap ETF has a 52 week low of $23.50 and a 52 week high of $29.95. The business has a fifty day simple moving average of $28.43 and a 200-day simple moving average of $27.41. The firm has a market cap of $70.44 billion, a P/E 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.