Avidian Wealth Enterprises LLC Purchases New Position in Schwab US Large-Cap ETF $SCHX

Avidian Wealth Enterprises LLC acquired a new stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 420,327 shares of the company’s stock, valued at approximately $12,610,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Sei Investments Co. lifted its stake in shares of Schwab US Large-Cap ETF by 5.0% during the 1st quarter. Sei Investments Co. now owns 32,528,571 shares of the company’s stock worth $834,033,000 after purchasing an additional 1,554,760 shares during the last quarter. Captrust Financial Advisors raised its holdings in Schwab US Large-Cap ETF by 5.6% in the fourth quarter. Captrust Financial Advisors now owns 19,522,489 shares of the company’s stock worth $525,350,000 after purchasing an additional 1,039,540 shares in the last quarter. Mariner LLC boosted its holdings in shares of Schwab US Large-Cap ETF by 6.8% in the 4th quarter. Mariner LLC now owns 10,235,455 shares of the company’s stock valued at $275,437,000 after buying an additional 651,340 shares in the last quarter. Koss Olinger Consulting LLC boosted its holdings in shares of Schwab US Large-Cap ETF by 4.9% in the 1st quarter. Koss Olinger Consulting LLC now owns 10,490,753 shares of the company’s stock valued at $268,983,000 after buying an additional 492,244 shares in the last quarter. Finally, Bank of America Corp DE lifted its position in Schwab US Large-Cap ETF by 11.7% during the first quarter. Bank of America Corp DE now owns 10,076,451 shares of the company’s stock valued at $258,360,000 after acquiring an additional 1,054,612 shares during the last quarter.

Schwab US Large-Cap ETF Price Performance

NYSEARCA SCHX traded down $0.20 on Thursday, hitting $30.41. The stock had a trading volume of 5,157,292 shares, compared to its average volume of 15,676,613. The business’s fifty day moving average price is $30.23 and its 200 day moving average price is $29.10. The stock has a market cap of $74.71 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01. Schwab US Large-Cap ETF has a 52-week low of $24.81 and a 52-week high of $30.79.

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. 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.