Schwab US Large-Cap ETF (NYSEARCA:SCHX) is Manchester Financial Inc.’s 4th Largest Position

Manchester Financial Inc. grew its stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 199.4% during the fourth quarter, Holdings Channel reports. The firm owned 1,240,414 shares of the company’s stock after purchasing an additional 826,048 shares during the period. Schwab US Large-Cap ETF makes up approximately 6.3% of Manchester Financial Inc.’s portfolio, making the stock its 4th largest position. Manchester Financial Inc.’s holdings in Schwab US Large-Cap ETF were worth $28,753,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Brass Tax Wealth Management Inc. bought a new stake in Schwab US Large-Cap ETF in the 3rd quarter worth about $3,040,000. B. Riley Wealth Advisors Inc. boosted its stake in shares of Schwab US Large-Cap ETF by 4.8% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 110,984 shares of the company’s stock worth $7,469,000 after buying an additional 5,035 shares during the last quarter. Howard Capital Management Group LLC bought a new position in shares of Schwab US Large-Cap ETF in the third quarter valued at approximately $209,000. Anchor Investment Management LLC increased its position in shares of Schwab US Large-Cap ETF by 8.1% during the third quarter. Anchor Investment Management LLC now owns 375,706 shares of the company’s stock valued at $25,492,000 after acquiring an additional 28,277 shares during the last quarter. Finally, World Investment Advisors LLC lifted its holdings in Schwab US Large-Cap ETF by 12.5% during the third quarter. World Investment Advisors LLC now owns 50,196 shares of the company’s stock worth $3,406,000 after acquiring an additional 5,575 shares during the period.

Schwab US Large-Cap ETF Trading Up 1.1 %

SCHX stock opened at $24.19 on Friday. The stock has a market cap of $15.77 billion, a P/E ratio of 26.53 and a beta of 1.02. The stock’s fifty day simple moving average is $23.69 and its two-hundred day simple moving average is $22.91. Schwab US Large-Cap ETF has a 1-year low of $19.50 and a 1-year high of $24.23.

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.