HB Wealth Management LLC Has $69.68 Million Stock Position in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

HB Wealth Management LLC increased its holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 185.1% during the fourth quarter, HoldingsChannel reports. The fund owned 3,006,048 shares of the company’s stock after acquiring an additional 1,951,656 shares during the quarter. Schwab US Large-Cap ETF accounts for about 0.7% of HB Wealth Management LLC’s investment portfolio, making the stock its 20th biggest holding. HB Wealth Management LLC’s holdings in Schwab US Large-Cap ETF were worth $69,680,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also added to or reduced their stakes in the business. Concourse Financial Group Securities Inc. grew its stake in shares of Schwab US Large-Cap ETF by 224.3% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 373 shares of the company’s stock worth $25,000 after acquiring an additional 258 shares in the last quarter. Versant Capital Management Inc raised its stake in shares of Schwab US Large-Cap ETF by 201.0% in the fourth quarter. Versant Capital Management Inc now owns 1,261 shares of the company’s stock valued at $29,000 after buying an additional 842 shares during the period. IFS Advisors LLC bought a new position in Schwab US Large-Cap ETF in the 4th quarter worth approximately $30,000. Brooklyn Investment Group bought a new stake in Schwab US Large-Cap ETF during the 4th quarter valued at $32,000. Finally, Rise Advisors LLC raised its holdings in Schwab US Large-Cap ETF by 459.5% during the 4th quarter. Rise Advisors LLC now owns 1,410 shares of the company’s stock valued at $33,000 after acquiring an additional 1,158 shares during the period.

Schwab US Large-Cap ETF Price Performance

Shares of Schwab US Large-Cap ETF stock traded up $0.23 during trading hours on Friday, reaching $23.71. The company had a trading volume of 6,092,161 shares, compared to its average volume of 8,745,787. Schwab US Large-Cap ETF has a one year low of $18.66 and a one year high of $24.19. The firm has a market cap of $15.46 billion, a PE ratio of 26.53 and a beta of 1.02. The business has a fifty day simple moving average of $23.60 and a 200 day simple moving average of $22.63.

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.