Schwab US Large-Cap ETF (NYSEARCA:SCHX) Sets New 12-Month High – Still a Buy?

Schwab US Large-Cap ETF (NYSEARCA:SCHX) reached a new 52-week high on Thursday . The stock traded as high as $24.19 and last traded at $24.19, with a volume of 6568973 shares trading hands. The stock had previously closed at $24.07.

Schwab US Large-Cap ETF Stock Performance

The stock has a fifty day moving average price of $23.61 and a 200-day moving average price of $22.69. The firm has a market cap of $15.77 billion, a PE ratio of 26.53 and a beta of 1.02.

Institutional Trading of Schwab US Large-Cap ETF

A number of institutional investors have recently added to or reduced their stakes in SCHX. Sage Financial Group Inc. lifted its position in shares of Schwab US Large-Cap ETF by 197.7% during the fourth quarter. Sage Financial Group Inc. now owns 24,865,286 shares of the company’s stock worth $576,377,000 after purchasing an additional 16,511,474 shares in the last quarter. US Bancorp DE increased its stake in Schwab US Large-Cap ETF by 43.8% during the 3rd quarter. US Bancorp DE now owns 20,593,427 shares of the company’s stock worth $1,397,264,000 after buying an additional 6,275,290 shares during the period. Cerity Partners LLC increased its stake in Schwab US Large-Cap ETF by 10.1% during the 3rd quarter. Cerity Partners LLC now owns 6,217,901 shares of the company’s stock worth $421,885,000 after buying an additional 567,858 shares during the period. BlueSky Wealth Advisors LLC lifted its holdings in Schwab US Large-Cap ETF by 203.2% in the 4th quarter. BlueSky Wealth Advisors LLC now owns 5,990,685 shares of the company’s stock worth $138,864,000 after buying an additional 4,014,627 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its position in Schwab US Large-Cap ETF by 6.2% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 5,976,786 shares of the company’s stock valued at $138,542,000 after buying an additional 348,959 shares during the last quarter.

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.