Payne Capital LLC Has $3.76 Million Stake in Schwab US Large-Cap ETF $SCHX

Payne Capital LLC raised its position in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 26.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 139,632 shares of the company’s stock after buying an additional 29,283 shares during the period. Schwab US Large-Cap ETF accounts for about 3.8% of Payne Capital LLC’s investment portfolio, making the stock its 7th biggest holding. Payne Capital LLC’s holdings in Schwab US Large-Cap ETF were worth $3,757,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the company. Brighton Jones LLC raised its stake in shares of Schwab US Large-Cap ETF by 198.5% during the 4th quarter. Brighton Jones LLC now owns 211,330 shares of the company’s stock worth $4,899,000 after acquiring an additional 140,539 shares in the last quarter. Russell Investments Group Ltd. boosted its stake in Schwab US Large-Cap ETF by 33.3% in the second quarter. Russell Investments Group Ltd. now owns 62,112 shares of the company’s stock valued at $1,518,000 after acquiring an additional 15,522 shares in the last quarter. Edgestream Partners L.P. acquired a new stake in Schwab US Large-Cap ETF in the second quarter valued at approximately $652,000. First Trust Advisors LP purchased a new position in Schwab US Large-Cap ETF in the second quarter worth $633,000. Finally, Baird Financial Group Inc. grew its holdings in Schwab US Large-Cap ETF by 25.1% in the second 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 during the last quarter.

Schwab US Large-Cap ETF Stock Performance

Shares of SCHX stock opened at $25.86 on Friday. Schwab US Large-Cap ETF has a 12-month low of $19.00 and a 12-month high of $27.54. The business’s fifty day simple moving average is $26.64 and its 200-day simple moving average is $26.72. The company has a market cap of $61.95 billion, a PE ratio of 25.66 and a beta of 1.01.

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.