Texas Capital Bank Wealth Management Services Inc Makes New Investment in Schwab US Large-Cap ETF $SCHX

Texas Capital Bank Wealth Management Services Inc purchased a new position in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 29,246 shares of the company’s stock, valued at approximately $787,000.

A number of other hedge funds also recently bought and sold shares of the business. Bfsg LLC boosted its position in Schwab US Large-Cap ETF by 0.8% during the fourth quarter. Bfsg LLC now owns 49,029 shares of the company’s stock worth $1,319,000 after purchasing an additional 374 shares in the last quarter. Sound Stewardship LLC boosted its position in Schwab US Large-Cap ETF by 2.6% during the fourth quarter. Sound Stewardship LLC now owns 14,789 shares of the company’s stock worth $398,000 after purchasing an additional 381 shares in the last quarter. Independent Advisor Alliance boosted its position in Schwab US Large-Cap ETF by 1.1% during the third quarter. Independent Advisor Alliance now owns 35,309 shares of the company’s stock worth $930,000 after purchasing an additional 392 shares in the last quarter. Traub Capital Management LLC boosted its position in Schwab US Large-Cap ETF by 2.6% during the fourth quarter. Traub Capital Management LLC now owns 15,891 shares of the company’s stock worth $428,000 after purchasing an additional 400 shares in the last quarter. Finally, Cadence Wealth Management LLC boosted its position in Schwab US Large-Cap ETF by 2.9% during the fourth quarter. Cadence Wealth Management LLC now owns 14,389 shares of the company’s stock worth $387,000 after purchasing an additional 401 shares in the last quarter.

Schwab US Large-Cap ETF Trading Up 0.6%

Shares of SCHX stock opened at $29.70 on Friday. The company has a market capitalization of $71.62 billion, a P/E ratio of 25.66 and a beta of 1.01. The business’s 50 day moving average is $27.61 and its two-hundred day moving average is $27.19. Schwab US Large-Cap ETF has a 12-month low of $21.81 and a 12-month high of $29.72.

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.