JPMorgan Chase & Co. Has $50.88 Million Position in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

JPMorgan Chase & Co. increased its stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 218.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,194,966 shares of the company’s stock after acquiring an additional 1,506,526 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.34% of Schwab US Large-Cap ETF worth $50,879,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of SCHX. Glass Jacobson Investment Advisors llc grew its stake in Schwab US Large-Cap ETF by 39.1% in the third quarter. Glass Jacobson Investment Advisors llc now owns 2,024 shares of the company’s stock valued at $137,000 after acquiring an additional 569 shares during the period. Cascade Financial Partners LLC lifted its holdings in shares of Schwab US Large-Cap ETF by 2.0% in the 4th quarter. Cascade Financial Partners LLC now owns 33,065 shares of the company’s stock worth $766,000 after purchasing an additional 655 shares in the last quarter. Blue Trust Inc. grew its position in Schwab US Large-Cap ETF by 10.4% in the 4th quarter. Blue Trust Inc. now owns 7,718 shares of the company’s stock valued at $179,000 after purchasing an additional 730 shares during the period. Versant Capital Management Inc increased its stake in Schwab US Large-Cap ETF by 201.0% during the 4th quarter. Versant Capital Management Inc now owns 1,261 shares of the company’s stock valued at $29,000 after purchasing an additional 842 shares in the last quarter. Finally, Princeton Global Asset Management LLC lifted its stake 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.

Schwab US Large-Cap ETF Stock Performance

Shares of NYSEARCA SCHX opened at $19.95 on Friday. The stock has a market cap of $45.09 billion, a price-to-earnings ratio of 24.34 and a beta of 1.03. Schwab US Large-Cap ETF has a fifty-two week low of $19.50 and a fifty-two week high of $24.31. The firm’s 50-day simple moving average is $23.07 and its 200 day simple moving average is $23.21.

Schwab US Large-Cap ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th were given a dividend of $0.0668 per share. The ex-dividend date of this dividend was Wednesday, March 26th.

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.