Ocean Park Asset Management LLC Takes $3.43 Million Position in Schwab US Large-Cap ETF $SCHX

Ocean Park Asset Management LLC bought a new position in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 127,622 shares of the company’s stock, valued at approximately $3,434,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Sei Investments Co. raised its stake in shares of Schwab US Large-Cap ETF by 3.4% during the second quarter. Sei Investments Co. now owns 35,969,139 shares of the company’s stock valued at $879,088,000 after acquiring an additional 1,194,355 shares during the last quarter. HBK Sorce Advisory LLC increased its holdings in Schwab US Large-Cap ETF by 5.3% in the third quarter. HBK Sorce Advisory LLC now owns 35,294,611 shares of the company’s stock valued at $940,954,000 after purchasing an additional 1,768,344 shares during the period. Moneta Group Investment Advisors LLC raised its position in Schwab US Large-Cap ETF by 5.5% during the 3rd quarter. Moneta Group Investment Advisors LLC now owns 34,779,046 shares of the company’s stock worth $916,080,000 after purchasing an additional 1,808,743 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in Schwab US Large-Cap ETF by 5.8% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 29,438,303 shares of the company’s stock worth $775,405,000 after purchasing an additional 1,616,966 shares during the last quarter. Finally, Sage Financial Group Inc. lifted its holdings in Schwab US Large-Cap ETF by 0.8% during the 3rd quarter. Sage Financial Group Inc. now owns 25,009,642 shares of the company’s stock worth $658,754,000 after buying an additional 199,289 shares during the period.

Schwab US Large-Cap ETF Stock Performance

NYSEARCA SCHX opened at $25.01 on Monday. The business’s 50-day moving average price is $26.79 and its two-hundred day moving average price is $26.74. Schwab US Large-Cap ETF has a 12 month low of $19.00 and a 12 month high of $27.54. The firm has a market capitalization of $59.12 billion, a PE ratio of 25.66 and a beta of 1.01.

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. 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.