Schwab US Large-Cap ETF $SCHX is MinichMacGregor Wealth Management LLC’s 9th Largest Position

MinichMacGregor Wealth Management LLC increased its stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 3.4% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 569,955 shares of the company’s stock after purchasing an additional 18,744 shares during the period. Schwab US Large-Cap ETF accounts for approximately 2.6% of MinichMacGregor Wealth Management LLC’s investment portfolio, making the stock its 9th biggest position. MinichMacGregor Wealth Management LLC’s holdings in Schwab US Large-Cap ETF were worth $14,614,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. IFC & Insurance Marketing Inc. acquired a new position in shares of Schwab US Large-Cap ETF during the fourth quarter valued at approximately $25,000. Measured Wealth Private Client Group LLC purchased a new position in shares of Schwab US Large-Cap ETF in the third quarter valued at approximately $26,000. Optima Capital LLC acquired a new stake in shares of Schwab US Large-Cap ETF in the fourth quarter worth approximately $29,000. Tidemark LLC boosted its stake in shares of Schwab US Large-Cap ETF by 474.3% in the fourth quarter. Tidemark LLC now owns 1,275 shares of the company’s stock worth $34,000 after acquiring an additional 1,053 shares during the last quarter. Finally, Acumen Wealth Advisors LLC purchased a new stake in shares of Schwab US Large-Cap ETF during the fourth quarter worth approximately $39,000.

Schwab US Large-Cap ETF Stock Performance

Shares of SCHX opened at $28.90 on Thursday. The stock has a 50 day moving average price of $28.91 and a 200 day moving average price of $27.55. Schwab US Large-Cap ETF has a one year low of $23.97 and a one year high of $29.95. The stock has a market capitalization of $69.69 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01.

Schwab US Large-Cap ETF 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.