Scarborough Advisors LLC Makes New $60.49 Million Investment in Schwab US Large-Cap ETF $SCHX

Scarborough Advisors LLC bought a new position in Schwab US Large-Cap ETF (NYSEARCA:SCHX) during the first quarter, according to its most recent 13F filing with the SEC. The fund bought 2,359,231 shares of the company’s stock, valued at approximately $60,491,000. Schwab US Large-Cap ETF comprises about 6.6% of Scarborough Advisors LLC’s holdings, making the stock its largest position. Scarborough Advisors LLC owned about 0.10% of Schwab US Large-Cap ETF at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the business. IFC & Insurance Marketing Inc. bought a new position in shares of Schwab US Large-Cap ETF in the 4th quarter valued at about $25,000. Measured Wealth Private Client Group LLC bought a new stake in Schwab US Large-Cap ETF during the third quarter worth approximately $26,000. Optima Capital LLC purchased a new stake in Schwab US Large-Cap ETF during the fourth quarter valued at approximately $29,000. Tidemark LLC raised its position in Schwab US Large-Cap ETF by 474.3% during the fourth quarter. Tidemark LLC now owns 1,275 shares of the company’s stock valued at $34,000 after purchasing an additional 1,053 shares during the period. Finally, Signature Resources Capital Management LLC lifted its stake in shares of Schwab US Large-Cap ETF by 510.5% in the 1st quarter. Signature Resources Capital Management LLC now owns 1,337 shares of the company’s stock valued at $34,000 after purchasing an additional 1,118 shares during the last quarter.

Schwab US Large-Cap ETF Stock Performance

Shares of Schwab US Large-Cap ETF stock opened at $29.31 on Monday. The stock has a market cap of $71.36 billion, a price-to-earnings ratio of 25.66 and a beta of 1.00. The stock has a 50 day moving average price of $29.35 and a 200-day moving average price of $27.84. Schwab US Large-Cap ETF has a one year low of $24.52 and a one year high of $29.95.

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. 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.