American Money Management LLC Has $10.28 Million Stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

American Money Management LLC raised its position in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 204.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 443,530 shares of the company’s stock after purchasing an additional 297,666 shares during the quarter. Schwab US Large-Cap ETF accounts for 2.0% of American Money Management LLC’s investment portfolio, making the stock its 13th biggest holding. American Money Management LLC owned about 0.07% of Schwab US Large-Cap ETF worth $10,281,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. Prime Capital Investment Advisors LLC raised its position in Schwab US Large-Cap ETF by 190.1% during the fourth quarter. Prime Capital Investment Advisors LLC now owns 11,136,452 shares of the company’s stock valued at $258,143,000 after buying an additional 7,297,066 shares during the period. Valley Forge Investment Consultants Inc. ADV increased its holdings in shares of Schwab US Large-Cap ETF by 191.9% in the 4th quarter. Valley Forge Investment Consultants Inc. ADV now owns 995,357 shares of the company’s stock valued at $23,072,000 after purchasing an additional 654,339 shares during the period. Accent Capital Management LLC lifted its position in shares of Schwab US Large-Cap ETF by 200.0% in the fourth quarter. Accent Capital Management LLC now owns 7,500 shares of the company’s stock worth $174,000 after purchasing an additional 5,000 shares in the last quarter. Transamerica Financial Advisors Inc. lifted its position in shares of Schwab US Large-Cap ETF by 210.9% in the fourth quarter. Transamerica Financial Advisors Inc. now owns 815,335 shares of the company’s stock worth $18,900,000 after purchasing an additional 553,058 shares in the last quarter. Finally, Brown Brothers Harriman & Co. boosted its holdings in shares of Schwab US Large-Cap ETF by 244.3% during the fourth quarter. Brown Brothers Harriman & Co. now owns 41,463 shares of the company’s stock worth $961,000 after purchasing an additional 29,422 shares during the period.

Schwab US Large-Cap ETF Stock Performance

Schwab US Large-Cap ETF stock opened at $21.96 on Friday. Schwab US Large-Cap ETF has a twelve month low of $19.50 and a twelve month high of $24.31. The firm has a market cap of $49.63 billion, a PE ratio of 24.34 and a beta of 1.03. The firm’s 50 day moving average price is $23.32 and its two-hundred day moving average price is $23.22.

Schwab US Large-Cap ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th will be issued a dividend of $0.0668 per share. The ex-dividend date is Wednesday, March 26th.

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.