Phillips Financial Management LLC Has $5.98 Million Stock Holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Phillips Financial Management LLC grew its position in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 200.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 257,894 shares of the company’s stock after purchasing an additional 171,943 shares during the period. Phillips Financial Management LLC’s holdings in Schwab US Large-Cap ETF were worth $5,978,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the company. Cornerstone Planning Group LLC boosted its stake in shares of Schwab US Large-Cap ETF by 200.8% during the third quarter. Cornerstone Planning Group LLC now owns 791 shares of the company’s stock valued at $54,000 after purchasing an additional 528 shares in the last quarter. Glass Jacobson Investment Advisors llc lifted its stake in shares of Schwab US Large-Cap ETF by 39.1% in the third quarter. Glass Jacobson Investment Advisors llc now owns 2,024 shares of the company’s stock worth $137,000 after acquiring an additional 569 shares during the period. Kingsview Wealth Management LLC lifted its stake in shares of Schwab US Large-Cap ETF by 2.8% in the third quarter. Kingsview Wealth Management LLC now owns 22,409 shares of the company’s stock worth $1,520,000 after acquiring an additional 607 shares during the period. Claro Advisors LLC lifted its stake in shares of Schwab US Large-Cap ETF by 4.6% in the third quarter. Claro Advisors LLC now owns 14,027 shares of the company’s stock worth $952,000 after acquiring an additional 622 shares during the period. Finally, Independent Advisor Alliance lifted its stake in shares of Schwab US Large-Cap ETF by 16.8% in the third quarter. Independent Advisor Alliance now owns 4,415 shares of the company’s stock worth $300,000 after acquiring an additional 634 shares during the period.

Schwab US Large-Cap ETF Price Performance

Schwab US Large-Cap ETF stock opened at $22.07 on Thursday. The stock’s 50 day moving average is $23.56 and its 200 day moving average is $23.18. The firm has a market cap of $49.66 billion, a P/E ratio of 24.44 and a beta of 1.03. Schwab US Large-Cap ETF has a one year low of $19.50 and a one year high of $24.31.

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.