Triangle Securities Wealth Management Purchases New Position in Schwab US Large-Cap ETF $SCHX

Triangle Securities Wealth Management purchased a new stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 423,375 shares of the company’s stock, valued at approximately $12,701,000. Schwab US Large-Cap ETF makes up 2.4% of Triangle Securities Wealth Management’s holdings, making the stock its 6th biggest holding.

A number of other hedge funds have also recently added to or reduced their stakes in SCHX. Sei Investments Co. raised its position in Schwab US Large-Cap ETF by 5.0% during the first quarter. Sei Investments Co. now owns 32,528,571 shares of the company’s stock valued at $834,033,000 after acquiring an additional 1,554,760 shares in the last quarter. Captrust Financial Advisors lifted its stake 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 valued at $525,350,000 after acquiring an additional 1,039,540 shares during the last quarter. Koss Olinger Consulting LLC grew its position in Schwab US Large-Cap ETF by 4.9% in the first quarter. Koss Olinger Consulting LLC now owns 10,490,753 shares of the company’s stock worth $268,983,000 after acquiring an additional 492,244 shares in the last quarter. Bank of America Corp DE grew its position in Schwab US Large-Cap ETF by 11.7% in the first quarter. Bank of America Corp DE now owns 10,076,451 shares of the company’s stock worth $258,360,000 after acquiring an additional 1,054,612 shares in the last quarter. Finally, Kohmann Bosshard Financial Services LLC increased its stake in shares of Schwab US Large-Cap ETF by 4.7% during the 1st quarter. Kohmann Bosshard Financial Services LLC now owns 7,465,942 shares of the company’s stock worth $191,595,000 after purchasing an additional 337,580 shares during the last quarter.

Schwab US Large-Cap ETF Stock Down 1.2%

Shares of SCHX opened at $30.25 on Thursday. The company’s fifty day moving average is $30.30 and its 200-day moving average is $29.27. Schwab US Large-Cap ETF has a 12 month low of $24.81 and a 12 month high of $30.79. The firm has a market cap of $74.40 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01.

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.