Lowe Brockenbrough & Co. Inc. Increases Stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Lowe Brockenbrough & Co. Inc. raised its holdings in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 245.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,021,444 shares of the company’s stock after purchasing an additional 725,625 shares during the quarter. Schwab US Large-Cap ETF makes up approximately 1.5% of Lowe Brockenbrough & Co. Inc.’s portfolio, making the stock its 13th largest holding. Lowe Brockenbrough & Co. Inc. owned 0.16% of Schwab US Large-Cap ETF worth $23,677,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SCHX. Total Investment Management Inc. boosted its holdings in Schwab US Large-Cap ETF by 200.6% in the 4th quarter. Total Investment Management Inc. now owns 13,510 shares of the company’s stock worth $313,000 after buying an additional 9,016 shares during the period. Keystone Wealth Services LLC boosted its holdings in shares of Schwab US Large-Cap ETF by 200.4% in the fourth quarter. Keystone Wealth Services LLC now owns 34,854 shares of the company’s stock worth $808,000 after acquiring an additional 23,252 shares during the period. Brass Tax Wealth Management Inc. purchased a new position in shares of Schwab US Large-Cap ETF in the third quarter valued at $3,040,000. B. Riley Wealth Advisors Inc. raised its stake in shares of Schwab US Large-Cap ETF by 4.8% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 110,984 shares of the company’s stock valued at $7,469,000 after purchasing an additional 5,035 shares during the period. Finally, Pure Portfolios Holdings LLC lifted its holdings in Schwab US Large-Cap ETF by 201.1% during the 4th quarter. Pure Portfolios Holdings LLC now owns 1,408,552 shares of the company’s stock worth $32,650,000 after purchasing an additional 940,747 shares in the last quarter.

Schwab US Large-Cap ETF Stock Down 0.2 %

Shares of NYSEARCA SCHX opened at $22.36 on Friday. The business has a 50-day simple moving average of $23.42 and a two-hundred day simple moving average of $23.18. Schwab US Large-Cap ETF has a 52 week low of $19.50 and a 52 week high of $24.31. The company has a market cap of $50.31 billion, a P/E ratio of 24.44 and a beta of 1.03.

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.