Cetera Investment Advisers Buys 259,593 Shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Cetera Investment Advisers grew its stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 1,147.8% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 282,210 shares of the company’s stock after acquiring an additional 259,593 shares during the period. Cetera Investment Advisers’ holdings in Schwab US Large-Cap ETF were worth $17,514,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Pineridge Advisors LLC purchased a new position in Schwab US Large-Cap ETF in the fourth quarter worth $31,000. GAMMA Investing LLC grew its holdings in Schwab US Large-Cap ETF by 139.8% in the first quarter. GAMMA Investing LLC now owns 494 shares of the company’s stock worth $31,000 after purchasing an additional 288 shares during the last quarter. Able Wealth Management LLC purchased a new position in Schwab US Large-Cap ETF in the fourth quarter worth $32,000. Northwest Financial Advisors purchased a new position in Schwab US Large-Cap ETF in the fourth quarter worth $36,000. Finally, PSI Advisors LLC purchased a new position in Schwab US Large-Cap ETF in the first quarter worth $36,000.

Schwab US Large-Cap ETF Price Performance

NYSEARCA SCHX traded down $1.24 on Friday, hitting $62.99. The stock had a trading volume of 1,953,875 shares, compared to its average volume of 1,661,062. The stock has a market cap of $41.06 billion, a price-to-earnings ratio of 26.53 and a beta of 1.02. Schwab US Large-Cap ETF has a 52-week low of $48.31 and a 52-week high of $66.83. The business’s fifty day moving average price is $64.36 and its 200 day moving average price is $61.66.

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.