Payne Capital LLC Purchases 313,605 Shares of Schwab US Large-Cap ETF $SCHX

Payne Capital LLC raised its position in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 224.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 453,237 shares of the company’s stock after purchasing an additional 313,605 shares during the period. Schwab US Large-Cap ETF accounts for about 10.7% of Payne Capital LLC’s investment portfolio, making the stock its largest position. Payne Capital LLC’s holdings in Schwab US Large-Cap ETF were worth $11,621,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. IFC & Insurance Marketing Inc. bought a new position in Schwab US Large-Cap ETF during the fourth quarter valued at approximately $25,000. Measured Wealth Private Client Group LLC bought a new stake in Schwab US Large-Cap ETF in the third quarter worth approximately $26,000. Optima Capital LLC bought a new stake in Schwab US Large-Cap ETF in the fourth quarter worth approximately $29,000. Tidemark LLC increased its stake in shares of Schwab US Large-Cap ETF by 474.3% during the 4th quarter. Tidemark LLC now owns 1,275 shares of the company’s stock worth $34,000 after purchasing an additional 1,053 shares during the last quarter. Finally, Acumen Wealth Advisors LLC acquired a new position in shares of Schwab US Large-Cap ETF during the 4th quarter worth $39,000.

Schwab US Large-Cap ETF Trading Down 0.1%

Schwab US Large-Cap ETF stock opened at $28.88 on Friday. Schwab US Large-Cap ETF has a 1-year low of $24.08 and a 1-year high of $29.95. The firm’s fifty day simple moving average is $28.94 and its 200-day simple moving average is $27.56. The company has a market capitalization of $69.64 billion, a P/E ratio of 25.66 and a beta of 1.01.

About Schwab US Large-Cap ETF

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. The Index is a float-adjusted market capitalization weighted index. The types of derivatives used by the Fund are options, futures, options on futures and swaps.