Schwab US Large-Cap ETF (NYSEARCA:SCHX) Shares Purchased by Salem Investment Counselors Inc.

Salem Investment Counselors Inc. boosted its position in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 1.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 925,684 shares of the company’s stock after buying an additional 13,187 shares during the period. Schwab US Large-Cap ETF accounts for approximately 0.7% of Salem Investment Counselors Inc.’s portfolio, making the stock its 29th biggest holding. Salem Investment Counselors Inc.’s holdings in Schwab US Large-Cap ETF were worth $20,439,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. McClarren Financial Advisors Inc. purchased a new position in shares of Schwab US Large-Cap ETF in the 4th quarter valued at approximately $25,000. Prudent Man Investment Management Inc. purchased a new position in Schwab US Large-Cap ETF in the 4th quarter valued at $26,000. Harbor Investment Advisory LLC purchased a new position in Schwab US Large-Cap ETF in the 1st quarter valued at $25,000. Delta Asset Management LLC TN increased its stake in Schwab US Large-Cap ETF by 200.0% in the 4th quarter. Delta Asset Management LLC TN now owns 1,350 shares of the company’s stock valued at $31,000 after buying an additional 900 shares during the period. Finally, Bellwether Advisors LLC purchased a new position in Schwab US Large-Cap ETF during the 4th quarter worth $32,000.

Schwab US Large-Cap ETF Stock Performance

SCHX stock opened at $23.90 on Friday. The stock has a market capitalization of $54.97 billion, a PE ratio of 25.20 and a beta of 1.02. The company has a fifty day moving average of $22.35 and a 200-day moving average of $22.98. Schwab US Large-Cap ETF has a one year low of $19.00 and a one year high of $24.31.

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.