Lathrop Investment Management Corp Buys New Position in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Lathrop Investment Management Corp bought a new stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 7,159 shares of the company’s stock, valued at approximately $404,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SCHX. Tempus Wealth Planning LLC grew its stake in Schwab US Large-Cap ETF by 0.6% in the third quarter. Tempus Wealth Planning LLC now owns 75,547 shares of the company’s stock worth $3,823,000 after purchasing an additional 446 shares during the period. Fusion Capital LLC grew its stake in Schwab US Large-Cap ETF by 4.8% in the fourth quarter. Fusion Capital LLC now owns 6,205 shares of the company’s stock worth $350,000 after purchasing an additional 285 shares during the period. Grant GrossMendelsohn LLC grew its stake in Schwab US Large-Cap ETF by 32.5% in the fourth quarter. Grant GrossMendelsohn LLC now owns 25,606 shares of the company’s stock worth $1,480,000 after purchasing an additional 6,278 shares during the period. Tradewinds Capital Management LLC grew its stake in Schwab US Large-Cap ETF by 11,142.9% in the fourth quarter. Tradewinds Capital Management LLC now owns 530,778 shares of the company’s stock worth $29,936,000 after purchasing an additional 526,057 shares during the period. Finally, Geometric Wealth Advisors purchased a new stake in Schwab US Large-Cap ETF in the fourth quarter worth $203,000.

Schwab US Large-Cap ETF Price Performance

SCHX stock traded up $0.55 during midday trading on Friday, hitting $60.28. The stock had a trading volume of 1,049,935 shares, compared to its average volume of 1,826,893. The firm has a market cap of $39.06 billion, a price-to-earnings ratio of 25.60 and a beta of 1.02. The business has a 50-day moving average of $60.68 and a two-hundred day moving average of $56.75. Schwab US Large-Cap ETF has a 52-week low of $47.57 and a 52-week high of $62.24.

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.