Maridea Wealth Management LLC Makes New $2.40 Million Investment in Schwab US Large-Cap ETF $SCHX

Maridea Wealth Management LLC purchased a new stake in shares of Schwab US Large-Cap ETF (NYSEARCA:SCHX) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 89,053 shares of the company’s stock, valued at approximately $2,396,000.

A number of other institutional investors and hedge funds have also made changes to their positions in SCHX. Fortis Capital Advisors LLC lifted its stake in Schwab US Large-Cap ETF by 4.0% during the 3rd quarter. Fortis Capital Advisors LLC now owns 1,370,889 shares of the company’s stock worth $36,109,000 after acquiring an additional 53,242 shares in the last quarter. B. Riley Wealth Advisors Inc. purchased a new position in Schwab US Large-Cap ETF during the 2nd quarter valued at about $2,266,000. Corient Private Wealth LLC grew its position in Schwab US Large-Cap ETF by 27.6% in the 2nd quarter. Corient Private Wealth LLC now owns 6,051,561 shares of the company’s stock valued at $147,900,000 after acquiring an additional 1,308,534 shares in the last quarter. Edgestream Partners L.P. acquired a new position in Schwab US Large-Cap ETF in the 2nd quarter valued at about $652,000. Finally, Charles Schwab Trust Co increased its stake in Schwab US Large-Cap ETF by 6.9% during the third quarter. Charles Schwab Trust Co now owns 4,164,209 shares of the company’s stock worth $109,685,000 after purchasing an additional 268,464 shares during the period.

Schwab US Large-Cap ETF Stock Performance

Shares of SCHX opened at $25.62 on Friday. The stock has a market capitalization of $60.56 billion, a PE ratio of 25.66 and a beta of 1.01. Schwab US Large-Cap ETF has a 1 year low of $19.00 and a 1 year high of $27.54. The company’s 50-day simple moving average is $26.97 and its 200-day simple moving average is $26.74.

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.