Fortitude Advisory Group L.L.C. Increases Holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Fortitude Advisory Group L.L.C. raised its stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 206.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 53,972 shares of the company’s stock after buying an additional 36,351 shares during the quarter. Schwab US Large-Cap ETF makes up approximately 0.8% of Fortitude Advisory Group L.L.C.’s investment portfolio, making the stock its 22nd largest position. Fortitude Advisory Group L.L.C.’s holdings in Schwab US Large-Cap ETF were worth $1,251,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of SCHX. US Bancorp DE boosted its holdings in Schwab US Large-Cap ETF by 43.8% in the 3rd quarter. US Bancorp DE now owns 20,593,427 shares of the company’s stock valued at $1,397,264,000 after purchasing an additional 6,275,290 shares during the last quarter. Campbell Wealth Management purchased a new stake in shares of Schwab US Large-Cap ETF during the 3rd quarter valued at approximately $346,668,000. BlueSky Wealth Advisors LLC lifted its holdings in Schwab US Large-Cap ETF by 203.2% in the fourth quarter. BlueSky Wealth Advisors LLC now owns 5,990,685 shares of the company’s stock valued at $138,864,000 after acquiring an additional 4,014,627 shares during the last quarter. Orgel Wealth Management LLC grew its position in Schwab US Large-Cap ETF by 206.0% in the fourth quarter. Orgel Wealth Management LLC now owns 4,630,059 shares of the company’s stock worth $107,325,000 after acquiring an additional 3,116,909 shares during the period. Finally, Marcum Wealth LLC increased its stake in Schwab US Large-Cap ETF by 190.6% during the fourth quarter. Marcum Wealth LLC now owns 3,723,872 shares of the company’s stock worth $86,319,000 after acquiring an additional 2,442,216 shares during the last quarter.

Schwab US Large-Cap ETF Stock Down 1.5 %

NYSEARCA:SCHX opened at $23.78 on Tuesday. Schwab US Large-Cap ETF has a 52 week low of $19.08 and a 52 week high of $24.23. The stock’s fifty day moving average is $23.64 and its two-hundred day moving average is $22.72. The company has a market capitalization of $15.50 billion, a P/E ratio of 26.53 and a beta of 1.02.

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.