Brookstone Capital Management Increases Stake in Schwab US Large-Cap ETF $SCHX

Brookstone Capital Management increased its stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 43.4% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 156,180 shares of the company’s stock after acquiring an additional 47,237 shares during the period. Brookstone Capital Management’s holdings in Schwab US Large-Cap ETF were worth $4,004,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Brighton Jones LLC grew its position in shares of Schwab US Large-Cap ETF by 198.5% in the 4th quarter. Brighton Jones LLC now owns 211,330 shares of the company’s stock worth $4,899,000 after buying an additional 140,539 shares during the last quarter. Russell Investments Group Ltd. grew its stake in shares of Schwab US Large-Cap ETF by 33.3% in the 2nd quarter. Russell Investments Group Ltd. now owns 62,112 shares of the company’s stock worth $1,518,000 after buying an additional 15,522 shares during the last quarter. First Trust Advisors LP bought a new position in Schwab US Large-Cap ETF in the 2nd quarter worth about $633,000. Baird Financial Group Inc. increased its holdings in shares of Schwab US Large-Cap ETF by 25.1% in the 2nd quarter. Baird Financial Group Inc. now owns 35,076 shares of the company’s stock worth $857,000 after purchasing an additional 7,045 shares in the last quarter. Finally, Ieq Capital LLC raised its position in Schwab US Large-Cap ETF by 9.1% in the 2nd quarter. Ieq Capital LLC now owns 247,992 shares of the company’s stock worth $6,061,000 after buying an additional 20,758 shares during the last quarter.

Schwab US Large-Cap ETF Trading Down 0.3%

Shares of SCHX opened at $28.90 on Thursday. The firm has a market cap of $69.69 billion, a PE ratio of 25.66 and a beta of 1.01. Schwab US Large-Cap ETF has a 1-year low of $23.97 and a 1-year high of $29.95. The firm has a fifty day simple moving average of $28.91 and a two-hundred day simple moving average of $27.55.

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. The Index is a float-adjusted market capitalization weighted index. The types of derivatives used by the Fund are options, futures, options on futures and swaps.