Riversedge Advisors LLC Grows Holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Riversedge Advisors LLC increased its stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 198.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,827,314 shares of the company’s stock after acquiring an additional 1,214,333 shares during the period. Schwab US Large-Cap ETF makes up approximately 9.6% of Riversedge Advisors LLC’s investment portfolio, making the stock its biggest position. Riversedge Advisors LLC owned approximately 0.28% of Schwab US Large-Cap ETF worth $42,357,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Concourse Financial Group Securities Inc. grew its holdings in Schwab US Large-Cap ETF by 224.3% during the third quarter. Concourse Financial Group Securities Inc. now owns 373 shares of the company’s stock worth $25,000 after acquiring an additional 258 shares during the period. Versant Capital Management Inc boosted its position in shares of Schwab US Large-Cap ETF by 201.0% during the 4th quarter. Versant Capital Management Inc now owns 1,261 shares of the company’s stock valued at $29,000 after purchasing an additional 842 shares in the last quarter. IFS Advisors LLC acquired a new position in shares of Schwab US Large-Cap ETF in the 4th quarter worth approximately $30,000. Brooklyn Investment Group bought a new stake in shares of Schwab US Large-Cap ETF in the 4th quarter worth approximately $32,000. Finally, Rise Advisors LLC lifted its stake in Schwab US Large-Cap ETF by 459.5% during the fourth quarter. Rise Advisors LLC now owns 1,410 shares of the company’s stock valued at $33,000 after purchasing an additional 1,158 shares during the last quarter.

Schwab US Large-Cap ETF Stock Up 1.0 %

Shares of Schwab US Large-Cap ETF stock opened at $23.71 on Friday. Schwab US Large-Cap ETF has a 12-month low of $18.66 and a 12-month high of $24.19. The firm has a market capitalization of $15.46 billion, a PE ratio of 26.53 and a beta of 1.02. The stock’s fifty day moving average is $23.60 and its 200-day moving average is $22.64.

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.