Schwab US Large-Cap ETF $SCHX Shares Acquired by Richardson Capital Management LLC

Richardson Capital Management LLC increased its holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 1.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,818,171 shares of the company’s stock after buying an additional 26,596 shares during the quarter. Schwab US Large-Cap ETF comprises approximately 23.8% of Richardson Capital Management LLC’s investment portfolio, making the stock its largest holding. Richardson Capital Management LLC’s holdings in Schwab US Large-Cap ETF were worth $54,545,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Brucke Financial Inc. grew its holdings in Schwab US Large-Cap ETF by 1.5% during the third quarter. Brucke Financial Inc. now owns 62,845 shares of the company’s stock worth $1,885,000 after acquiring an additional 940 shares during the period. Signaturefd LLC acquired a new position in Schwab US Large-Cap ETF in the third quarter valued at approximately $3,022,000. Evanson Financial LLC lifted its holdings in Schwab US Large-Cap ETF by 1.9% in the third quarter. Evanson Financial LLC now owns 67,661 shares of the company’s stock valued at $2,030,000 after acquiring an additional 1,263 shares during the period. Citizens Financial Group Inc. RI purchased a new stake in Schwab US Large-Cap ETF in the 3rd quarter worth approximately $1,057,000. Finally, Sowell Financial Services LLC boosted its position in Schwab US Large-Cap ETF by 2.7% in the 3rd quarter. Sowell Financial Services LLC now owns 166,766 shares of the company’s stock worth $5,003,000 after purchasing an additional 4,359 shares in the last quarter.

Schwab US Large-Cap ETF Price Performance

Shares of NYSEARCA SCHX opened at $29.88 on Friday. The stock has a market capitalization of $73.50 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01. Schwab US Large-Cap ETF has a 12 month low of $24.81 and a 12 month high of $30.79. The firm’s 50 day simple moving average is $30.24 and its 200-day simple moving average is $29.47.

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.