Bank of New York Mellon Corp Increases Stock Position in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Bank of New York Mellon Corp raised its holdings in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 318.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 348,683 shares of the company’s stock after purchasing an additional 265,415 shares during the period. Bank of New York Mellon Corp owned 0.05% of Schwab US Large-Cap ETF worth $8,082,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Total Investment Management Inc. lifted its stake in shares of Schwab US Large-Cap ETF by 200.6% during the fourth quarter. Total Investment Management Inc. now owns 13,510 shares of the company’s stock valued at $313,000 after buying an additional 9,016 shares during the period. Brass Tax Wealth Management Inc. purchased a new position in shares of Schwab US Large-Cap ETF during the third quarter valued at approximately $3,040,000. B. Riley Wealth Advisors Inc. lifted its stake in shares of Schwab US Large-Cap ETF by 4.8% during the third quarter. B. Riley Wealth Advisors Inc. now owns 110,984 shares of the company’s stock valued at $7,469,000 after buying an additional 5,035 shares during the period. Pure Portfolios Holdings LLC lifted its stake in shares of Schwab US Large-Cap ETF by 201.1% during the fourth quarter. Pure Portfolios Holdings LLC now owns 1,408,552 shares of the company’s stock valued at $32,650,000 after buying an additional 940,747 shares during the period. Finally, Howard Capital Management Group LLC acquired a new position in Schwab US Large-Cap ETF during the third quarter worth approximately $209,000.

Schwab US Large-Cap ETF Stock Performance

Shares of SCHX stock opened at $22.20 on Friday. Schwab US Large-Cap ETF has a one year low of $19.50 and a one year high of $24.31. The company has a 50 day moving average price of $23.50 and a 200 day moving average price of $23.17. The firm has a market capitalization of $49.95 billion, a price-to-earnings ratio of 24.44 and a beta of 1.03.

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.