Diversified Enterprises LLC Raises Holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Diversified Enterprises LLC boosted its stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 275.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 14,875,742 shares of the company’s stock after purchasing an additional 10,909,001 shares during the quarter. Schwab US Large-Cap ETF makes up about 32.8% of Diversified Enterprises LLC’s investment portfolio, making the stock its biggest position. Diversified Enterprises LLC’s holdings in Schwab US Large-Cap ETF were worth $344,820,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. McClarren Financial Advisors Inc. acquired a new stake in shares of Schwab US Large-Cap ETF during the fourth quarter worth about $25,000. Versant Capital Management Inc increased its position 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 in the last quarter. Princeton Global Asset Management LLC increased its position in shares of Schwab US Large-Cap ETF by 200.7% in the fourth quarter. Princeton Global Asset Management LLC now owns 1,299 shares of the company’s stock valued at $30,000 after buying an additional 867 shares in the last quarter. IFS Advisors LLC purchased a new stake in shares of Schwab US Large-Cap ETF in the fourth quarter valued at approximately $30,000. Finally, Brooklyn Investment Group purchased a new stake in shares of Schwab US Large-Cap ETF in the fourth quarter valued at approximately $32,000.

Schwab US Large-Cap ETF Price Performance

Shares of NYSEARCA:SCHX opened at $22.20 on Friday. The business’s 50 day moving average price is $23.50 and its 200-day moving average price is $23.17. The firm has a market capitalization of $49.95 billion, a PE ratio of 24.44 and a beta of 1.03. Schwab US Large-Cap ETF has a 1 year low of $19.50 and a 1 year high of $24.31.

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.